Thursday, July 7, 2011

What is the process for an international student to rent an apartment in NYC?

What is the process for an international student to rent an apartment in NYC?
Hey! I'm moving to New York City from Bogotá, Colombia to study there. I've been doing some research and noticed there are apartments that do not accept students applications. (There is no student housing where I'm going to study.) For the apartments that DO accept student applications, what is the credit check process since I cannot work with a F-1 visa (student visa)? Or do I need to have a guarantor if I'm an international student? What would the guarantor credit check be like? Thank you in advance for all the help, it will be greatly appreciated!! Any other advice about international student housing in NYC is also very welcomed! Have a great weekend!!!
Other - Education - 2 Answers
Random Answers, Critics, Comments, Opinions :
1 :
I recently moved from FL to NY. I had to pay 6 months rent up front w/o a guarantor bc I have good credit but no income, with a guarantor that person needs to make 6x the annual amount of rent and have good credit. Credit is generally not recognized from foreign countries, so you'll probably have to pay up front. My broker told me when he works with people from foreign countries, their application shows they have No credit. not bad not good, but none. Our system doesn't recognize it. i chose to live in a private condo, which involved me working with a broker and the owner which is how we came to this agreement. Just make sure you DON'T sign anything you don't completely understand and feel comfortable with. Even though it may cost a little more, you may want to contact a broker, just to make sure everything is legitimate. I have heard horror stories from classmates who were taken advantage of by landlords. What area are you trying to move to? Again, you'll probably have to work something out directly with a landlord, and certain areas are more open to that than others. Also, moving in the summer is when most rent prices are highest and least negotiable on terms, so try to plan your move accordingly if you can.
2 :
i would recommend calling these people. check out their site: http://www.studenthousing.org. they are not a scam (hence the .org site name). they will tell you where you can and cannot rent and what is required. you will need to get the number on the website and call, the website has minimal info, but someone will help you if you contact them. good luck!

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