Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

User Stats

2
Posts
0
Votes
Mike Adams
0
Votes |
2
Posts

Rental application approval

Mike Adams
Posted

I make about 120k a year and looking to rent a nice condo for about 2000 a month. My score is 620 and is low because of my current debt levels. I have several credit cards with balances but I will have 2 paid off next month which will be about 5k wiped out. But I will be applying in July, so my score won't go up much. Will I have trouble with this score? Also on the rental application when they ask about bank account balance, will they actually verify the balance? I'm not going to have any problem paying rent, I'm just worried about getting approved by a property management company. I will only have about 5k in the bank at the time of applying. I'm also not sure if I should say I have more in my bank account. I'm just really nervous about getting approved. I currently live in a condo and am paying 3k a month so I'm looking to bring it down to 2k a month.

Loading replies...