General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago,
Section 8- Is this process okay?
Hi All,
The property is located in Howard County, Maryland.
My cash flow is tight and I wanted my property rented as soon as possible. I have two very promising candidates- one is with section 8 and the other does not.
I handed applications to both. Both have credit scores of over 700. My property has to pass section 8 inspection. The section 8 individual sent me her application back first.
I have already called HUD and am waiting for inspection.
My question is- can i send the lease to be signed by the non-section 8 person or do i need to run the entire section 8 process because I received her application first?
I have no problem with Section 8- i simply want a signed lease and tenant in.
Also- i hear stories about how HUD takes a few months to start paying rent (they make you whole eventually). Can I ask the section 8 individual to cover cost which I will reimburse once payment comes in or am i at the mercy of the government?
Thanks!