fha 4 plex

[Marcus Winchester]

hello my name is Marcus Winchester and i am what you would call a newbie in the real estate investment world. But my questions are have any of you or know someone that has started with a four unit with FHA backing and can tell me the good and bad stories. Thanx in advance

[Bradley Bogdan]

@Margo Roberts and @Richelle T. I believe the program you're referring to for Veterans is the HUD-VASH program. It is a hybrid VA-Section 8 program where your PHA does the actual issuing of vouchers, paying of rental subsidies, usual safety inspections, etc. and the VA (or in rare cases a contractor) handles the screening of vets, provision of other supports, helps coordinate the paperwork, regularly checks in with the vet, so on and so forth. Sometimes your local PHA will be able to point you to the program coordinator locally, but its usually easier just to call your local VA clinic/hospital, brave the phone tree, and ask to be connected to the HUDVASH program. If either of you want more information on the program or a contact for your area, feel free to PM me. I'm a social worker for the program in my area.