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Updated over 4 years ago on . Most recent reply

User Stats

47
Posts
32
Votes
Mark Perea
  • Contractor
  • Mobile, AL
32
Votes |
47
Posts

Rent paid in full due to credit

Mark Perea
  • Contractor
  • Mobile, AL
Posted

I have a prospective tenant that has a credit score of 627 we require a 650 score. I have been one to stick to my guns and had people to get co signers. But then he offered to pay the entire years lease up front. Is this a good idea or bad idea.

Most Popular Reply

User Stats

143
Posts
71
Votes
Steve K.
  • Specialist
  • PA
71
Votes |
143
Posts
Steve K.
  • Specialist
  • PA
Replied

I would take 1 years rent upfront if it's legal in the state. Credit score is not the only factor we look during screening. We also review no. of year on job or in a profession, etc. 23 points in not a big difference. 1 years rent upfront during this time. Please send your tenant to live in PA.

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