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Updated about 8 years ago on . Most recent reply

Jonathan Kramer's profile image
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Jonathan Kramer
  • from Johnstown, Pennsylvania
  • Member since Feb 23, 2017
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Jonathan Kramer's profile image
Jonathan Kramer's profile image
Jonathan Kramer
  • from Johnstown, Pennsylvania
  • Member since Feb 23, 2017
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Jonathan Kramer
  • Johnstown, PA
0
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15
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Multi-Family and Apartment Investing

Buying a house with a section 8 resident already there

Jonathan Kramer
  • Johnstown, PA
Posted
I found a decently priced multi family home for sale, it has 2 people living in it already. One paying 440 a month, the other on section 8 paying 375. Both residents cover utilities. My question is, is it alright to buy a home with a section 8 resident? Or is there a process I need to go through to be eligible? Please excuse my ignorance.
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Jason Hirko's profile image
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Jason Hirko
  • Lender
  • from San Antonio, TX
  • Member since Apr 11, 2016
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Jason Hirko's profile image
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Jason Hirko
  • Lender
  • from San Antonio, TX
  • Member since Apr 11, 2016
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Jason Hirko
  • Lender
  • San Antonio, TX
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Jason Hirko
  • Lender
  • San Antonio, TX
Replied

@Jonathan Kramer Yes it's fine. Only thing HUD cares about is does the property meet its standards

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