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Updated over 1 year ago, 04/11/2023
Renter Qualification - Income Requirement
My rental is posted for $3,900 per month. 3x income is $11,700 per month or $140,000 per year.
I have an applicant who has a 787 credit score. He just finished his radiology residency at UT and made $70,000 per year. He starts his real dr job 7/15. He has provided his employment agreement for $450,000 per year as a radiologist. Everything is clean.
Would you do this and ask for 2x deposit with half returned after showing first pay stub?
I have others interested he just seems easy to work with. He’s going to buy in the area so he won’t be a long term renter unfortunately. I do have others interested.