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Updated 7 months ago,
Purchasing mobile homes to rent to section 8
Hello Everyone,
I am new to section 8 investing. I am looking to purchase a mobile home to rent to section 8 tenants. This mobile home however is located in a mobile home neighborhood where the residents have to rent the land their mobile home sits on seperatly from their morgage. Is it possible for me to purchase a mobile home in this neighborhood then rent it out to the section 8 program even if I as the landlord own the mobile home but have to rent the land the mobil home sits on from the lot owner? Any advice would be much appreciated!
Thanks!