How can you get an apartment with bad credit?
|
chickey wants to know:
My boyfriend and I want to get a place together. He has bad credit and I have basically no credit. How can we get an apartment? Is it possible? Any advice would be appreciated! Thanks!
My boyfriend and I want to get a place together. He has bad credit and I have basically no credit. How can we get an apartment? Is it possible? Any advice would be appreciated! Thanks!
Tagged with: Apartment • Bad Credit
Filed under: True Credit
Like this post? Subscribe to my RSS feed and get loads more!
try looking for an apartment that is owned by a single owner instead of a realty company, rent there for aty least a year.. then tou will at least have a good rental reference to get into the apartments that go by credit
bribe the landlord=]
look for a place that you can afford and try to bargain with the landlord…maybe they’ll allow you to put down a deposit…its possible to get an apartment, you just have to ask around…or see who has better credit and sign to the apt in that persons name. also try to establish better credit…buy a couch or something…
If you have no credit. Then you wouldn’t be as bad as your boyfriend. You might just try getting the apartment in your name. Or maybe you could talk the landlord or landlady in to
raising your deposit. That way it kind of makes you look better.,,,,,Anyways…..good luck.
I have really awful credit…bankruptcy and all that, my hubby and I rented a nice place in March…
The important thing to remember is that
1) Your rent does not exceed 33% of your gross monthly income
2) You don’t have any evictions on either of your credits
3) You don’t have utilities (electric, gas, phone) collections on your reports
We were required to pay a double deposit, so instead of $200 we had to pay $400 but some places if you have bad credit make you come up with 1st & last months rent and security deposit.
You can still get an apartment, just ask the apartment can you put down a second security deposit or any amount matching your total rent amount. Most places will not say no to extra money.
I have found craisglist to be a great resource for finding apartments.
It is easiest to rent an apartment when you have credit issues directly from a single owner. Seldom does an owner who is looking for a tenancy at will agreement on a month to month basis do a credit check.
Be open with the owner and they will probably work with you whether they require a larger deposit. Offering to pay last month’s rent up front will give you some leverage with an owner. I’ve encountered owners who are willing to work out a payment plan on the extra deposit money or last month’s rent. Paying the last month is beneficial to both the owner and you. If there are problems, the owner has your last month’s rent and therefore less concern over being cheated out of rent. And for you, although it is a big amount of money to come up with, when you leave the apartment, you have the advantage of having already paid your last month’s rent which can be really helpful when trying to come up with deposits for your next apartment or home.
There are hundreds if not thousands of websites on the internet enumerating the ways to apply and receive home loan when you are plagued with bad credit issues. These sites help consumers with bad credit scores to increase the viability of their existing credit scores and set up loans regardless of their credit history.Companies that specialize in bad credit home loans; usually offer a wide range of options for consumers with bad creditBad credit hasn’t stopped them from purchasing a home. There are several programs available for people with bad credit that helps to restore their credit status and to live debt free lives.
No you have to live under the freeway