No co-signer for your rental? No problem—try these 6 guarantor workarounds

… of good credit and an annual salary of 40 to 45 times the monthly rent That hurdle can be impossible to clear … of at least 80 times the monthly rentworking out to a minimum of $240000 for a $3000 apartment They must also … is legit  and the unit is properly set up for fire safety Whats more basement and windowless bedrooms are not legal or …

By Evelyn Battaglia |June 17, 2025 - 10:30AM
Moving to NYC after college? Here's how to find a rental apartment

… your plan know that you will face lots of competition for apartments Of course its not just recent graduates who are … Rents continue to  hit new records  concessions like free months are rare and applications from multiple hopeful renters and even bidding …

By Evelyn Battaglia |April 15, 2025 - 10:00AM
I have $100,000 in the bank but no income. Can I still rent an apartment in NYC?

… Many New Yorkers would envy this situation when it comes to rental conundrums Having six figures in your bank account certainly puts you in a pretty solid …

By Evelyn Battaglia |April 7, 2025 - 10:00AM
I’m a retiree with $360,000 in my IRA. Why won’t rental agents call me back?

… … Unfortunately not all money is money when it comes to renting an apartment in New York … and that may be why you arent getting any calls back … How a lease guarantor works … One workaround that is … … Take out a lump sum or  … When it comes to estimating how much rent you can pay Kurland says to take your social …

By Jennifer White Karp |September 16, 2024 - 10:00AM
As a personal guarantor, how much does my kid’s NYC landlord really need to know about my finances?

… … It can feel uncomfortable or downright invasive to have to turn over your … application you might be asked to provide copies of your bank statements which include your full bank account number … the last four will suffice said Rogers What I always say to renters and guarantors is before they send me anything they …

By Celia Young |August 13, 2024 - 12:30PM
Should I line up a guarantor before I start my search for a NYC rental apartment?

… is worthwhile  If you need a guarantor its a good idea to line one up before you start your search especially if youre … league  Second you will be a stronger rental candidate for landlords who accept guarantors and less likely to lose out … Though more than ever renters today are finding apartments directly through landlords and no feewebsites  Insurents fee …

By Evelyn Battaglia |June 29, 2023 - 12:30PM