Updated about 10 years ago on . Most recent reply
Recently Divorced Applicant
I am a new investor and I am house hacking and looking to rent out the second unit in my duplex. After laying out my requirements for renting (acceptable credit, income 3x monthly rent, good references, etc), the prospective tenant disclosed that he recently went through a divorce. He is a 45 year old man who has worked at a fortune 500 company for 20 years and has plenty of income, but has bad credit now due to the divorce. Would you make an exception and rent to him even though his credit does not pass the test? Looking for some advice, thanks!