All Forum Posts by: James Hunt

How do I go about asking for an increase on my section 8 payment? Currently receive $750 but I know I can pull another $100 out.

If it's on the East Side be very careful.

Lee S. thank you. I'll google it & hope someone on BP can chime in.

Wasn't able to refi with bank. Any idea regarding hard money lenders who deal with buy & holds???

Great meeting everyone last night & if we didn't meet, next time we will!

I have great section 8 tenants, but in this case two things. 1. Return deposit & find regular tenants. 2. In the future hold an open house for section 8 tenants make sure you use (gosection8.com and the other resources) I had about 80 people to screen.

I purchased a single family home 3 years ago for 48k I was able to get a "grant" that provided 15k used as down payment assistance. I put down 3k. My total mortgage on the home is for only 30k. The home is now on section 8 and I receive $750. I'm very happy about that. I was in the middle of cash out refi on the home to pull money out to use as a down payment for another home similar to the 1st unit. However, the bank was unable to proceed because of the 15k is actually a 2nd mortgage/or lien on the property for 5 years that just says I can't sell it. ( I never intended to sell) Thoughts on how I can get some cash to use for down payment on my 2nd home since the cash out option was eliminated???

Awesome story Paul Amegatcher was this in Ohio?

Thank you for this. I see so many Veteran RE Professionals try to scare away newbies or talk them into getting a real estate license.

Any pics?