Homeowner Requires Credit & Background Check

[baron14 1]

Hi All,

 

I was wondering how do you handle the sellers and landlords that require check and background checks in order to do a L/O deal?

 

I've approached them as an individual and as a company looking to do a lease option deal. A few landlords

seem like they may be open to a long-term lease but especially the landlords want a to do credit and background

check on me or my company.

 

Is there a way to get around this road block or just tell them no thanks and move on?

 

Thanks!

baron

[MichaelC 160]

A background check for a cooperative assignment? If so, why?

If you're looking to do a sandwich then it isn't so surprising to be asked for a credit check, especially if dealing with an investor/landlord. After all, we all do the same thing when placing a tenant or t/b in a property.