Ray J.
Tenant credit check without SSN
Hi All,
If I want to rent out a place to a young couple one of whom is working but the other is not working and has no SSN, how can I run credit on the one without SSN ? On top of that, what can I do to minimize the ...
Sam P.
Bankruptcy or Housing Court
Do you hesitate to lease if the potential tenant has Chapter 7 bankruptcy in their credit report or "housing court" in their background?
Denise Holder
How do I check credit and background?
Hello!
I have my first tenants, I'm to the point where I need to check their backgrounds and credit. How do I do it? I have their ssn's, thought I could do it, but it does identity checks to make sure it is them. H...
Jennifer Wilson
Applicant A vs. Applicant B
Hello everyone!My husband and I are looking to rent our house and will be managing it on our own. We have multiple rentals, but have always had a management company, so I am somewhat familiar with the process, but als...
Hank Powell
Non Occupying Borrower Overlay HELP
I am a non occupying coborrower, on a rate in term refi, attempting to purchase my first home. The issue I am running into is lenders having an overlay requiring 12 months of payment receipts in order to dismiss this ...
Sarah Nguyen
Oklahoma - Cosign A Lease For Freshly Graduated Students
I would like to ask for instructions on how to handle the Cosign Rental Application package.2 College students want to apply but they don't meet the financial/income requirement. They said the four parents can and wo...
Albert Bui
Allowance of short term rental income for conventional financing
Later this year in 2018 Freddie mac has finally announced some guidelines to use when determining short term rental income.The guidelines will require there to be two year history via the tax returns which isnt too s...
Vamshi Ananth
What information is required for mortgage pre approval?
Hello Fellow BPers,This might be a basic question, for pre approval of a mortgage, does the mortgage broker need the following information?Last 2 years federal tax returns all pages and W-2sLast 2 paystubs covering ...
Asher Anthes
Proving my rental income so I can use it on debt to income ratio?
Hi guys here's my current situation:
I've had my first house for almost a year, I have friends that rent from me (boarders income I believe it's called, because I live in the house myself?).
Not factoring utilities ...
Kunal Pathak
Potential tenant setting up his own business and no job history
A young potential tenant (college dropout I believe in early 20s) has applied and has excellent credit score and credit check but the credit history is just a year long or so. Trying to setup the business so no W2/Tax...