|
Landlord Financial Requirements
Every landlord has their own individual financial requirements. However, if you use the following information as a guide, it will give you a realistic view from which to work.
| REQUIREMENT | HOW TO SATISFY |
| Your income | Must be 40 to 50 times monthly rent |
| Your credit | Must be good with consistent payment history |
| If self-employed | You need financials from CPA or company attorney |
Guarantor (if required) | Must prove income 100 times monthly rent |
| Security deposit | Generally 1 month with good credit and court report but may be more if payment history problems exist. |
|