Basically, you pay them a service fee and they will become your guarantor.
And of course, there are various managments around the city where you can easily get an apartment without credit history.
If fact, you're even in luck... :) because you don't have "bad credit" which is by far worse then having no credit.
I specialize in finding apartments for clients that are new to Manhattan. It was an accident, really. It all started with one couple from France who thought I was so helpful, that they referred me to all of their co-workers who worked for the same company that transferred them to the US. As a result, I have made very good business relationships with different management companies and it is very easy for me to get applications approved, as long as I supply the Landlord with a solid Tenant. If you would like more information please contact me. I can email you apartments that match your criteria and we can set up an interview to view them whenever you're available.
Ardor Real Estate
rentes for $2900.00, I know it is $100.00 above your top budget, but perhaps you would like to take a look. If you don't yet have credit in the US, sometimes a good job reference and mortgage statements from property owned in other country would give the owner a level of comfort to rent to you. As well, sometimes,instead of "rent up front" a security deposit of 3 to 6 months is acceptable to some owners.
917 402 8797
Congratulations to your future move to NYC!
If there is a will there is definitely a way to rent you something in Manhattan even though your credit history still has to be established. I went through the same process coming from Germany.
Feel free to email or call me and I will consult you guys with everything you need. I can even give you valuable information how to establish good credit in the US.
I am looking forward to hearing back from you. Let's find you something nice!
Licensed Real Estate Salesperson
Bond New York Properties, LLC
25 Hudson Street (between Duane & Reade)
New York, NY 10013
As a fellow Australian I understand your plight.
Donna has it pretty much covered here. The requirements vary by building and/or landlord, but we will be able to find a home for you without too many problems. Insurent.com will act as your guarantor for a fee which is not unreasonable. Not all landlords will accept this service however.
Alternately, you may find a landlord that is willing to be flexible with your situation. As we host the UN here, as well as the corporate HQ's of many global companies, you will find many NY landlords willing to accommodate your situation. As with Donna, I placed a couple of foreign students last year. In my experience, 6-12 months security has been required. Going forward after year one should be less restrictive.
I gather you are looking to spend $2000-2800. For that you will get an 800sf/approx 80m/sq one bedroom in the Midtown East area.
Alternately, I'd suggest buying. If you have the means to make a deposit, there are banks here willing to lend up to 65% to foreigners. I have been working with a number of our compatriots looking to capitalise on the current economic climate. Sure, it's a sizable downpayment, but the upside over the next few years, especially as the dollars settle and shift could be phenomenal!
Best of luck with your move!
Landlords generally have a 40x rent to income ratio. Is, your wife earns $90,000, you and your wife will qualify for $2250. Since you will be a bit short on that financial requirement, the landlord typically asks anywhere between 3-6 months of security; or they can be ammenable to taking a year up front. This will be a case to case basis because some landlords have the thought of: well, what happens after the year is up and they stop paying? Since your wife does have a job, i would bet that extra security would be more than likely asked for, and after a year of being a good tenant; and you have found a job, you can get some of this security back. This would be your best option as far as less cash out and flexibility on the financial situation.
As mentioned below, you could also go with insurent.com; the company that specializes in acting as your guarantor until you both make the adequate income and build the required credit history.
I specialize in out of town renters, see my testimonials at http://www.buyandsellmanhattan.com/index-3.html
SVP/ Associate Broker
212-688-1000 x 189
i have many apartments which you can eaisly rent.
the apartment owners will most likely ask between 3-5month security and you will have to provide proof of employment and income. i have rented alot of apartments to internationals.
Please call me if you need assistant.
Keller Williams NYC
Many families like yours relocate to NYC everyday and are able to rent with varying requirements. Some landlords will permit you to pay additional security (generally 3 months rent up to 1 year), others may require you to pay additional security, plus upfront rent. It is dependent on the particular landlord and your individual circumstances. So yes you will be able to find an apartment. It is especially helpful that your wife currently resides in Manhattan and is employed.
Another option I recently used with relocating South African clients that were in your similar situation was Insurent Lease Guaranty. Insurent is an institutional guarantor. For a one-time fee they will guaranty your annual lease payments. There is an application and you must be approved for the program, but it is a quick and an easy process. My South African clients arrived on a Monday, we immediately began viewing apartments, Wednesday we were signing leases and Thursday of the same week they were moving into their apartment. Please be aware that not all deals move this fast and not all landlords accept Insurent, but for the landlords who do welcome this option it is a quick and easy solution to get you into an apartment relatively stress free. You can find more information about Insurent by visiting here: http://www.insurent.com/ .
If you have any additional questions or need any guidance, please feel free to contact me. I specialize in relocations and will be more than happy to help.
Have a good day. Welcome to NYC!
Donna M. Miller
The Real Estate Group NY
c. 917.546.6852 | e. email@example.com
web: http://www.tregny.com / http://www.tdgre.com
You will have to show the landlord that you have a history in Australia. Landlord can still check your background and your financials. So just because you are a foreigner does not mean you have No history at all. You can pay upfront with some of them but you may luck out with others. I help people like you all the time.
Please contact me at firstname.lastname@example.org
looking at a rent stabilized unit as it is illegal for a Landlord to obtain an annual rent at the outset. Should you need assistance, I am happy to help you.
Brooke Davida, SVP
The Corcoran Group
Contact me at:
C- 347 546 5453