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Updated about 8 years ago on . Most recent reply

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Brandon Sturgill
  • Real Estate Broker
  • Columbus, OH
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Section 8 and Income Requirements

Brandon Sturgill
  • Real Estate Broker
  • Columbus, OH
Posted

How do you address perspective tenants with a voucher that covers rent, but don't meet the income requirement for the property...in this scenario the rent is $1,200/mo. and the voucher is for $1,050. The individual make another $1,000/mo. in income. My requirement is 3x's for this property,

  • Brandon Sturgill
  • 614-379-2017
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Realize Property Management Group
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Kyle J.
  • Rental Property Investor
  • Northern, CA
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Kyle J.
  • Rental Property Investor
  • Northern, CA
Replied

One way to do it is to use 3x the tenant's portion of the rent.  Here's some more reading on it here: http://www.lawfoundation.org/repository/Income.pdf (see page 2).

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