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Updated 9 months ago on . Most recent reply

User Stats

11
Posts
4
Votes
Jacob Lileev
  • Wholesaler
  • Pittsburgh, PA
4
Votes |
11
Posts

Section 8 Investors!

Jacob Lileev
  • Wholesaler
  • Pittsburgh, PA
Posted


I am in the middle of negotiating a deal with a seller who owns a Sec8 Rental property near Pittsburgh, PA (New Kensington 15068).
The tenant has been there for a few years and kept the house well-maintained.

The rent is $900
6 BD 2 BA 1,555 SQFT
COMPS: ARV - $135,000 | AS-IS $90,000
I'm looking to get a better understanding of what Sec8 investors would pay for such property, trying to lock in the best deal possible for these investors.
Also, what are the most important things I should look for in these deals?
Any comment would be much appreciated

😁

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