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Old 08-16-2008, 05:38 AM   #7 (permalink)
Bear Cub
The Reverend Side Boob
 
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Location: Nofe Curolina
I agree with Jewels. Banks are becoming might conservative with who they give loans out to, and I can't imagine 18 and 19 year old college students at the top of that list. Do you have somebody lined up as a co-signer? What sort of income do the two of you have outside the rental? Have you factored in insurance costs, etc? Have you checked for school requirements? Many schools are now working with the towns to mandate who gets to rent out properties to college students, and the landlords have to be on a preapproved list. It establishes minimum health and safety standards, and protects the students from getting the shaft.
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