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Updated over 10 years ago on . Most recent reply

User Stats

77
Posts
25
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Dawn Vacek
  • Investor
  • Cornwall On Hudson, NY
25
Votes |
77
Posts

Guarantor or ad tenant

Dawn Vacek
  • Investor
  • Cornwall On Hudson, NY
Posted

We have decided to rent to a tenant with less than stellar credit and his boss has agreed to guarantor the loan so that he won't have to pay an additional 3 mo security.  I've not done this before and wonder if you have any experience or hints for me.  Would it be adventageous to ad him as a tenant instead?  Any "red flags" to look out for?  

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