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Updated almost 5 years ago on . Most recent reply

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Anthony Paul Guglielmi
  • Rental Property Investor
  • Lexington, KY
2
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Tenant Credit - what is appropriate?

Anthony Paul Guglielmi
  • Rental Property Investor
  • Lexington, KY
Posted

What is the lowest credit score would you allow for a future tenant? If they had good payment history and good landlord references. 

i.e. - Credit was dinged because of a divorce.

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JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
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JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
ModeratorReplied

We don't really use credit scores except as just one piece of the puzzle. It's hard to have a disastrous (say low 500s or worse) credit score unless you have a whole lot of charge offs, missed payments, 60+ lates, etc. So if someone didn't have any of that stuff and everything else was good we would probably accept them. 

Selecting a tenant is like baking a cake. There's a lot of ingredients that go into it. 

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Skyline Properties

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