Would you take tenants with history of bankruptcy ? Credit score is about 630s, chapter 7 bankruptcy discharged December 2020. The couple is willing to pay a whole year’s rent ( taken from his retirement account) in full upfront. Would you accept this application? Is there any red flag here? Thank you!
The red flag is having to pay your rent out of a retirement account. That means they can't afford the rent. Deal breaker for me.
I don't see why it's a deal breaker. As long as you make the termination date on the agreement after the prepaid rent is run out. You get your rent upfront and the couple has a home to live in - both parties win.
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