Should I invest in Section 8 housing?
1 Reply
Raza Khan
from Edmond, Oklahoma
posted over 3 years ago
I am thinking of buying my first real estate property. My plan is to buy a four plex. Live in one of the units and rent out the other three. I am getting a deal for a section 8 property which will bring in cash flow of around $700/month. However, I am not sure if it is the right move to be made as my first investment. I really want ya'll's opinion regarding section 8 properties and your experiences.
Matthew Paul
from Severna Park, Maryland
replied over 3 years ago
Section 8 is not a building or any type of dwelling , Its a voucher payment from the government . The house next to where you live could rent and the landlord accept section 8