Rental Property Investor · Member since 2018 · 2 posts · 0 votes
Haven’t had a lot of interest in my almost vacant rental. I do have a very interested applicant with a credit score of 551, which seems to be mainly due to past due student loans. They want to pay 3 months up front to help establish my trust. Thoughts? take them on or keep looking?
Investor · Missoula, MT · Member since 2015 · 242 posts · 177 votes
7y
@David MacNeill
Typically that would be a no go for me. However, i don’t know your complete situation. I would say instead of having it be upfront rental payments, take it as a deposit. If he pays on time then great. If not, then you get to keep more of a deposit when you have to evict him.