Re: Poor Credit - Landlord Forum thread

Re: Poor Credit by NY-LL on May 22, 2012 @12:16

For otherwise qualified tenants with stable (5+ years) employment, we require one months rent, two months security with last months rent in reserve to compensate for reparable credit issues and non-local or out-of-town references.

The hard and fast rule of specific credit minimums works with medium to large dwellings with numerous tenants, but for smaller multiple family units (<3 apartments) the landlord may need to be more flexible. Account for credit and reference "divergences" based upon a qualified work history and the ability to compensate for the lack of credit.

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