Drew2010 wrote:NayBoer wrote:How far from Chicago is your current job? Was it plausible that you'd keep working the job? Because my job is 2,100 miles from Chicago, so if they ask me even a few questions it will be obvious that my income records and W-2s are irrelevant for my future income.Drew2010 wrote:Actually just signed a lease at Streeter Place.. no move in fee or security deposit, just had a 1/2 off pet deposit. I think the app fee was $60, something like that. To qualify without a cosigner you need to show an income of 2.5 X the yearly rent.
Both my job and my wife's are both around 1500 miles away. We went the cosigner route because of that. I'll be getting a living stipend from the GI Bill which makes inability to pay our rent extremely unlikely, thus providing our cosigner with enough confidence that they wouldn't get screwed over by helping us out. We had some money saved up, plus we're selling both our cars, and we're using that money to live off while we search for my wife a job. To live comfortably we need to find her something making about $10/hour full time.. however we're hoping that is the worst case scenario. She is almost finished with an MPA degree, so we're really hoping we can find a non-profit admin job somewhere.
Has she started looking yet? Chicago's unemployment is high now. But 10 dollars an hour is pretty obtainable in Chicago, but it doesn't go far at all.