Renting Section 8, Flipping in Today's Market
Hi guys,
I’ve been doing some extensive reading and doing property analytics in Garfield park (East/West) and Hegewisch, and have been seeing a lot of investor activity in terms of rehabbed Section 8 rentals as well as conventional Fix and Flips.
In the current market, is it better to acquire rentals or to start out with a Fix and Flip? My goal is to obtain the cheapest property, however being in reasonable condition for a basic rehab to minimize risk..
It seems like section 8 rentals are popular. There seems to be some uncertainty in the housing market, and therefore this could be the reason?
Thanks so much!