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> Though they probably would accept someone without a credit history if they had very high income. This is variable around here. My business was turned down fr
by icelancer 11y ago
> Though they probably would accept someone without a credit history if they had very high income.
This is variable around here. My business was turned down from a 3 year lease because of a minimal Dun & Bradstreet crossection and a short history of being in business... despite the fact we were earning 7 months of lease costs in revenue per 28 days... and we offered to pay the first year of the least in full, in cash. In a seller's market, landlords invent ridiculous reasons to not rent you stuff - especially in commercial space.
- nommm-nommm 11y agoOh yes, I don't disagree at all and that has been my experience. It depends so much on the local market. I was just throwing that out there as a possibility. Every landlord is different. In my neighborhood you can't get an apartment without a credit history and high(ish) credit score. Landlords around here (even those who only have one property to rent) have a set limit for income and credit score. It's really insane. At least that's was the deal last time I looked for an apartment. The ads would say "at least X credit score and at least X income. NO EXCEPTIONS!" I seriously feel bad for those people struggling to find a roof over their head just because they don't have a credit history. Were you ever able to rent a place for your business?
- icelancer 11y agoYeah we found a place eventually. Had to put down insane deposits up front which is just ridiculous. We'll renegotiate after the 18 month trial period when we go to sign a 5 year deal. Gotta love commercial space.