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Updated over 6 years ago,

User Stats

77
Posts
11
Votes
Michael Zack
  • Investor
  • Quincy, MA
11
Votes |
77
Posts

Income requirement? What to do now?

Michael Zack
  • Investor
  • Quincy, MA
Posted
I recently listed my 2 bedroom + office apartment unit on Zillow and Cozy. My wife and I live upstairs so we'd like to get the best possible tenant downstairs. A woman responded to my pre-screening email very quickly but her monthly gross income is 5k which wouldn't quite meet the 3x rent (rent is 2,200/month). She's a divorced business woman with no pets and doesn't smoke and no kids. Sounds like the ideal tenant except for the 2.3x the rent income. Would there be a circumstance where I could accept her? What if she happens to have 500k stashed in the bank?

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