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Updated about 3 years ago,

User Stats

39
Posts
29
Votes
Nolan Gottlieb
  • Investor
29
Votes |
39
Posts

USDA Apartment Question

Nolan Gottlieb
  • Investor
Posted

I'm looking into a 24-unit apartment property that is currently in USDA rural development program with rent control. Over half of the gross income is from rental assistance. Does anyone have any experience with these types of properties? Is it possible to get them out of that USDA program if I were to buy the properties with a different type of financing?