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Updated about 6 years ago on . Most recent reply

User Stats

14
Posts
4
Votes
Rico See
  • Investor
  • Chino Hills, CA
4
Votes |
14
Posts

Trouble getting qualified applicants

Rico See
  • Investor
  • Chino Hills, CA
Posted

I have a vacant single family home in the Memphis area. I'm having trouble getting qualified applicants for it. I have two applicants: one does not have any credit, the other passes a credit score qualification. They do not have any evictions or bankruptcies but they do have two judgments 2007/2009 and one resulted in a garnishment. They make over 3x the rent but do not meet 4x the rent income qualification. I was able to obtain a rental verification from their current landlord: 0 late payments, never been filed on legally, and is eligible for re rental.

In your opinions, should I keep looking?

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