Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Managing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 7 days ago, 11/14/2024

User Stats

1
Posts
1
Votes
Yoni Kaszynski
1
Votes |
1
Posts

How to credit check Co-Signer in Canada

Yoni Kaszynski
Posted

Hello,

I am in Seattle area and I have a student applicant who is using a his mom as a co-signer. His mom lives in Vancouver, Canada. How would I credit check his co-signer?


Thanks

User Stats

2,864
Posts
3,037
Votes
Kevin Sobilo#1 Personal Finance Contributor
  • Rental Property Investor
  • Hanover Twp, PA
3,037
Votes |
2,864
Posts
Kevin Sobilo#1 Personal Finance Contributor
  • Rental Property Investor
  • Hanover Twp, PA
Replied

@Yoni Kaszynski, with a co-signer what I focus on is whether they are "collectible".

If worse comes to worse and I need to get a judgement against the tenant and co-signer(s) can I force them to pay?!? Usually that means that they have hard assets that can be liened and potentially sold to pay off the debt. So, if the co-signer owns real estate that is usually sufficient.

However, you have the additional question about if and how you might enforce a judgement in another country.