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Updated over 5 years ago,
Tenant without Established Credit and Foreign Parents
Hello,
I have a prospective tenant who is foreign. She has just graduated from college in the U.S. on a student visa and is looking for full-time employment (her visa is valid for another 10 months). She has not yet established credit. Her parents (who live abroad) are willing to co-sign, but I don't see a way to run a credit check on them or, practically speaking, how I would even enforce a co-signer agreement with them if the tenant and her parents default. Any suggestions? You can assume she cannot pay full rent for the lease term up front.
Thanks very much for any assistance!
Denise