Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

32
Posts
10
Votes
Wendy Carbone
  • Real Estate Broker
  • Huntsville, Al
10
Votes |
32
Posts

Do all tenants need to meet the minimum credit criteria?

Wendy Carbone
  • Real Estate Broker
  • Huntsville, Al
Posted

One property, 3 applicants.

Would you accept an application where one tenant meets your credit minimums, but 2 additional applicants do not.  Our application states we require a minimum of 650 and we do require everyone over the age of 18 who intends to occupy the property to apply separately. What if one person had a 800 and the other 2 had 500?   Is it enough to just reject them based on "not meeting the credit criteria" or do they need something more specific?

Loading replies...