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...
So a few months ago I had a local businessman call me up and ask if I had a place to rent. He had just hired a guy out of high school and was helping him get on his feet and get his life straightened out. He assured m...
I was wondering if there was anyone out there that uses co-signers on their loans. More so I want co-signers who are not members of my family. I am willing to offer 5% ownership of any properties I purchase with ...
I've got a cash investor willing to put up money for a down payment of 20-25 percent or more but doesn't want to put his name on a note. My debt to income ratio isn't good enough to to get me qualified for an addition...
Hello all, I am writing today because I am interested in buying my first multifamily unit, which will also be my first property. I am currently not going to be approved for a high enough loan. I am thinking of having ...
I have potential tenants that are asking about having a co-signer sign the lease with them because of poor credit history. Everything looks good except their credit from a bankruptcy that's about to come off their rec...
Hi there!
So I have a new applicant for my small house in a blue collar neighborhood. It is a very young couple with a child. Because of their lack of credit history (hers) and previous credit issues (his) I told t...
I have a tenant who wants to buy my rental. He's been there a year and pays on time in cash. His mom is willing to co-sign on a mortgage.
Assuming he's got a FICO of 550 and she's at 700+, can he (they) qualifiy f...
I've been renting a few units for 6 years now and up until now haven't dealt with having a co-signer. My properties are in a good area and I generally have little problem filling them, however I'm advertising a renta...
Im looking for Co-Signer options for a mortgage. I will be purchasing property cash and renovating it. To get money back out to repay private lender I will be looking to mortgage property. To qualify rental income ...