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Nate Carmin
  • TN
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11
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Investing in Section 8 Rental Property

Nate Carmin
  • TN
Posted

I found a house here for sale, then kept looking and found it was section 8. On mls I found they bought it for 10,000. Rehabbed it. Its for sale for 59000. Government I guess is paying the 773 in rent. I dont know why they would sell a 400+ cash flowing proprty. Can I boot a section 8 resident on a month to month lease for someone who is not section 8? Do I have to do anything special to be able to own a sectgion 8 house? Thanks ahead of time. I am trying to find section 8 resources as well.

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