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Sean Silva
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Getting a house Section 8 approved in Dallas

Sean Silva
Posted Nov 15 2019, 12:42

I am a fairly new investor who is selling his house hack and wants to invest the proceeds through a 1031 in Section 8 housing. I really like the idea of providing housing to those who are less fortunate while still being able to be financially feasible. I am looking to invest in the Dallas area and want to know if anyone has had experience getting their property Section 8 approved. So far the internet has painted a rosy picture of it being relatively easy (i.e., as long as the house doesn't need repairs all you need to do is call up the Dallas HUD office and have them review your house) but I am always leery of easy processes, especially when it deals with getting government approval. Does anyone have experience with this and would be willing to provide their thoughts?