I wanna pay in full for my first apartment what are all the things I need to know and do I have to put down a downpayment on the

Do I have to still put down a down payment or whatever its called if I want to pay in full for the year? I want to move out asap will I have any additional fee's I've never rented an apartment before? If I pay the landlord in full do I still need to give him my social and credit score? Anything else I need to know

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SW-User

Most places take a Security deposit for if you trash the place, some places want first and/or last months rent up front, you need proof you can pay so pay stubs. Some places depending where you live actually run credit checks which I've never heard of before. Guess a lot of people skip out on rent 🤷🏻

Electric for the place, some places charge for water usage, some include it in the rent. 6 month leases are typical, longer you commit you can negotiate for lower rent each month.

ZeroFox · 36-40, M

Generally, you pay first and last month rent and a security deposit so you don't just fuck off.

Usually, you can leave with 1 month notice, but it would depend on the contact you sign.

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HopelessRomantic · 26-30, F

@ZeroFox so if i pay in full for the year to live there do i still need a security deposit

ZeroFox · 36-40, M

@HopelessRomantic You'll have to work that out with the property owner. Most people, though, don't say no to money.

Fernie · F

@HopelessRomantic Paying a whole years rent is not wise. What if you are there a month and it turns out to be a nightmare..it happens all the time to people. You'll never get the rest of the money back believe me. Put it in the bank and pay monthly.

Fernie · F

Most landlords now not only check your credit score but they very often run a CORI on you (criminal record check). Most around here ask for first, last and security...which is why so many are homeless. What part of the country are you in...assuming it's the USA

dumpstermeow · 41-45, F

They don't care about credit, but they will want to see your last pay stub to prove that you can pay. I've never heard of anyone paying a year in advance.

Fernie · F

@dumpstermeow Around here that is the first reason they turn you down...bad credit

marcusaurelius

Pay for 2-3 months advance , take a video of the whole apartment (if it's furnished)

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