Home Sugar Support™ Forum Advice Property Help!

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This topic contains 2 replies, has 2 voices, and was last updated by  fructose 1 week, 3 days ago.

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  • #106374

    fructose
    Participant

    Hi!
    For those of you who have had residential property bought for you by a Sponsor/SD, how did you safely go about this, with no income??
    Secondly, how does one go about renting property with no income, if a sponsor is willing to give you the equivalent of a 6+ month downpayment for renting?

    All advice will be truly appreciated!
    Thanks in advance x

    #106454
    SouthernSD
    SouthernSD
    Participant

    If you are in the U.S. I don’t see how you can do this.

    How are you going to pay the rent after 6 months?

    Your SD/sponsor could buy a property or Condo and let you live there.

    Keep in mind your Sponsor could disappear at any moment then you are stuck paying the rent or no place to live.

    #106536

    fructose
    Participant

    Hi,

    Thanks for the input. I have money, which isn’t an issue to continue renting if indeed the relationship does end. just don’t have an income(student) at the moment. In the UK, that’s what the banks look at however, many girls have homes rented/bought in their name without an income and I’m trying to understand the route taken to gain this.

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