Leasing a condo from owner

In the past when I've worked with situations like this I've had my customers offer to either put down more security, pay a couple of months' rent in advance, or just have the one person with good credit and employment sign the lease. Something can usually be worked out.

Condo board typically does not care as much about the credit. They care more about who you are as in: Is it an apartment share? Do you have 4 people in a 1 bedroom etc.?

Except in very rare cases, Condo Boards can not disapprove a transaction: the simply have a right of first refusal. So unless it's well below market or there is some very real reason to be afraid of your tenancy, the odds of them taking the lease themselves is low.

30yrs advice is 30 years ago practical. Unless you, with your $10K debt and barely marginal credit score are patient enough for a fight and have the resources, if you are not wanted then you will not get the apartment.

There would be more risk if you were dealing with a co-op, but typically condos are rather straightforward. It's funny how $10k debt and a credit score of 680 can be viewed as 'risky' in NYC, whereas in the rest of the country this would probably be well above average!

There would be more risk if you were dealing with a co-op, but typically condos are rather straightforward. It's funny how $10k debt and a credit score of 680 can be viewed as 'risky' in NYC, whereas in the rest of the country this would probably be well above average!