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Updated over 7 years ago on . Most recent reply
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Can you state: "credit score must be above ___" to rent
We are renting a home with a lease option. I will only accept a certain credit score or higher. Can I state in the advertisements for the house that they must have a certain score or higher?
Most Popular Reply
I always put the following in my rental ads to avoid people wasting my time. "Must have 3X monthly rent in pre-tax income and a 650+ credit score" In addition, I have the applicants pay the $30-$40 fee to have me use the following website
"https://biggerpockets.mysmartmove.com/" to screen their credit. It takes longer to rent units, but I would rather reduce the headaches of getting someone that will either trash the place or not be able to pay.