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Updated about 5 years ago,

Andrew Chung's profile image
Andrew Chung's profile image
Andrew Chung
  • Member since Apr 3, 2019
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Andrew Chung's profile image
Andrew Chung's profile image
Andrew Chung
  • Member since Apr 3, 2019
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Andrew Chung
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Multi-Family and Apartment Investing

Building Low-Income condominium?

Andrew Chung
Posted

If there are low-income housing for apartments and homes, is it possible to build a low-income condo with 20+ units (studio sized) and sell them to qualified low-income families or individuals? Does Sec 8 or anything similar apply in this scenario? If not, how profitable would this venture be as opposed to selling average priced condominiums relative to market price?

This is regarding the Southern California area.

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