A Co-signer or No Co-signer

[Frank Jennings]

I have an applicant that has a credit score below the 630 I stated I'm looking for. She definitely has the income though. And she has a co-signer. How do you feel about co-signers? And if you have allowed them, do you have to run their credit?

[Nathan Fisher]

I do it based on city. Cleveland proper is very tough to collect on in the courts. So i don't take co-signers there. other townships that are more landlord friendly i will do them. Naturally  The areas with more protections often have more people needing cosigners.

Check with a local real estate attorney, and see how collections go.