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Updated about 8 years ago,
Section 8 questions (Burlington County, NJ)
Hi guys, I have a vacant 3br house in Burlington NJ, and many applicants ask if I accept section 8. I'm looking for general advice in enrolling in the program.
Specific questions include:
1] Looking at the FMR, a 3-BR is listed at $1500. My house is currently listed for less than that. How do I know exactly how much section 8 would pay towards a specific property?
2] What advice would you have regarding screening?
3] Are there any sec8 optimized lease terms I should consider?
4] How exactly do I register and get the apartment registered?
5] Who typically pays for the downpayment?
Thank you