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Updated over 5 years ago,
Would you lend to a real estate agent?
I know all about fair housing and you can’t discriminate against anyone but that is not what is about.
I also know the answers may be biased since a lot of people in this forum have a real estate license.
I am a new investor. A guy came to look at my place today. Told me he was a real estate agent. He said he owns a home but having issues with wife so has been staying in a hotel. Wants to move in tomorrow(his exact words). This is a 3 bed 1.5 bath home and he says he would be the only one living there (why would one person live in a 3 bed townhouse??). He wants a 6 month lease. If he is an agent he likely knows the industry better than me (I’m assuming).
Any precautions I need to take? He drops off his application tomorrow and I see what credit/ background etc shows.