General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago, 05/18/2017
728 Credit, Income Is Under The 3 times Monthly Rent
hello, I was hoping to get your advice on this.
We have a rental that we put out for $1450/month. We have an interested couple that makes $3600/month combined. The guy is a Marine for 7 years (728 credit score), the girl works at Starbucks for 3 years (718 credit score) and has a newborn due in August.
Would you make an exception to the income more than 3 times monthly rent rule here because of the credit scores? Any advice would be great! Thanks..