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Tom R.
  • Investor
  • Ridgecrest, CA
120
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246
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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?

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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.

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