Hello Everyone I am currently apartment hunting. Before anyone tells me to call them and that they can help me i must share that i have bad credit.

Asked by Makeda Murray, New York, NY Mon Sep 16, 2013

Help the community by answering this question:

+ web reference
Web reference:


Keith Jean-P…, Agent, East Brunswick, NJ
Mon Sep 16, 2013
I would suggest you try the regular rental sites:

http://www.trulia.com (Rentals Section)
http://www.zillow.com (Rentals Section)
http://www.realtor.com (Rentals Section)

Between all of those, you will get a very clear picture if you can find what you are looking for. Good luck!
4 votes
Laurence Ros…, Other Pro, Cape Coral, FL
Tue Sep 17, 2013
There are some good strategies for handling bad credit in RDNY.com's renters guide (http://www.rent-direct.com/rentingguide/Welcome.html).

One of the things that stands out in the renter's guide is the use of a cover letter to go along with your application for an apartment. A cover letter allows you to "frame" the conversation about your poor credit. For example, if your bad credit was due to a prolonged illness that kept you from working, but you have recovered and are making good on all of your past debts, that takes you out of the category of being a 'deadbeat' and a bad risk. Or if your poor credit was due to being laid off when the economy collapsed, but you are working now and have made payment arrangements to make good on your debts, you are a responsible person who went through a bad period. That is different than bad credit because you just can't get it together to pay your bills in a timely fashion.

Take a look at that renting guide. You'll get some good hints from it on how to handle your situation. Good luck with your apartment search.
3 votes
Jamie Bravo, Agent, New York, NY
Mon Sep 16, 2013
All the Real Estate Agents that have responded have given good advise. Get a guarantor or speak to a company like Insurent (http://www.insurent.com). They might be able to help you. Good luck.
3 votes
Joseph Hasti…, Agent, Bayside, NY
Mon Sep 16, 2013
A Guarantor would help you immensely. How about you share what your FICO score is? we won't judge and the number will let us know if we even want you to contact us. Good luck.
2 votes
Alajuwon Ale…, Agent, NY,
Mon Sep 16, 2013
Look into a guarantor or a lease guaranty company. Sidenote: Please dont expect broker jesus to swoop down with a magical apartment that accepts bad credit in Manhattan. The landlords are very strict and inventory is very low. If you cant find a guarantor or get a lease guaranty company to help you, find a private owner who will help you out or save your money until you can afford a very large security deposit or a full years rent up front.

Hope this helps!!

Alajuwon J Aleem
Douglas Elliman Real Estate
aaleem@elliman.com 646-915-5979
2 votes
I didn't know Jesus was licensed in NYC. Perhaps he did swoop down, saw her credit and turned the other cheek.
Flag Mon Sep 16, 2013
Craig Rothfe…, Agent, Harlem, GA
Mon Sep 16, 2013
The advise you've been given is all good; either search for a Guarantor, look into Insurent (insurent.com) or consider having 1-years rent prepaid in Cash upfront. Not knowing what your credit score is and/or the reasons for bad credit also limit the options and explanations we can provide to you as an Agent. Certain property managers view certain credit issues in a different light than others.
1 vote
Tom Dawson, Agent, New York, NY
Mon Sep 16, 2013
A guarantor is your best bet. After that you would be looking at either advance payments, additional security or both. And not all landlords will do those. And you will still need to prove annual income equal to 40 Times the monthly rent.
1 vote
Masha Sales, Agent, NY,
Mon Sep 16, 2013
Are you buying or renting? If you are renting, check out insurent.com
Good luck!
1 vote
Anna M Brocco, Agent, Williston Park, NY
Mon Sep 16, 2013
Depends on just how poor the credit is; also much will depend on the landlord/building, each is different; however you can consider being upfront regarding your credit; be prepared to show proof of employment/pay stubs; possibly pre-pay some of the rent; possibly offer extra security; have some reference letters handy; consider a guarantor, etc.
1 vote
James Furlong, Agent, Brookline, MA
Mon Sep 16, 2013
A guarantor with good credit is the best way to go.
1 vote
Christina Mo…, Agent, New York, NY
Wed Sep 18, 2013
Can you pay 3 months security deposit?? If so call me I have buildings that will take you.
Christina m.
347 528 3034
0 votes
yes i may depending on what the monthly rent may be
Flag Sat Sep 28, 2013
John Peitler, Agent, NY,
Tue Sep 17, 2013
Please give me a call and I would be happy to assist you. My name is Rhea and I can be reached at 917-651-6876 or 212-714-1027. Thank you and good luck.
0 votes
Joey A, Agent, New York, NY
Mon Sep 16, 2013
Hey Makeda Murray. Give me call so we can talk. 347-299-3724
0 votes
Michelle Wei…, Agent, New York, NY
Mon Sep 16, 2013
You may have to give a higher security deposit or use a guarantor. If you can do either of those options you should be able to find something.
All the best,
0 votes
Search Advice
Ask our community a question

Email me when…

Learn more