Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
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

User Stats

246
Posts
120
Votes
Tom R.
  • Investor
  • Ridgecrest, CA
120
Votes |
246
Posts

Renter with no credit but a cosigner

Tom R.
  • Investor
  • Ridgecrest, CA
Posted

I have a prospective renter who wants a 6 months lease but is willing to pay $150 over my asking price and a full months pet deposit in addition to the full months security deposit.

The problem is he has no credit score. Would you sign him if he got a cosigner with good credit?

Most Popular Reply

User Stats

13,926
Posts
12,746
Votes
Replied

I would not waste my time or effort unless I believed he was the last tenant on earth. When I screen any applicant that does not qualify I reject. My time is too valuable and there are many more fish in the sea to waste trying to make/help someone qualify. Don't allow applicants to make you work for them. 

Move on.

Loading replies...