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Updated almost 9 years ago on . Most recent reply

What's your experience with having a co-signer on a lease?
Lately, several potential tenants whose income didn't meet the 1/3 guideline (monthly income should be 3 times the rent) have offered to have a co-signer. The idea gives me the willies, and so far I've declined to go for it.
But I'm curious if any of you have ever allowed a co-signer under such circumstances. If so, how did it go?
Thank you!