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Private Lending & Conventional Mortgage Advice

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Nathan Alton
  • Investor
  • Columbia, MO
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Section 8 lending advice

Nathan Alton
  • Investor
  • Columbia, MO
Posted Sep 25 2016, 16:16

Hey BP community,

I am looking at a 4plex that is section 8 approved and have a few questions.  The property is in somewhat of a warzone, on a level of 1-10 (10 being the worse) it's a 6.  

If the property is section 8 approved and fully rented, does that make the lending process easier or tougher?  Would it be smarter to go with the conventional funding route or a private/hard money lender?

Any referrals for the Missouri area?

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