Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

Account Closed
0
Votes |
1
Posts

Section 8 question concerning income

Account Closed
Posted

Hello! I have a question concerning section 8 in Grand Rapids, Mi. My aunt doesn’t understand computers so I’m trying my best to ask here for her. At the moment she barely has an income, but isn’t disabled. She makes approximately $350-400 for her and my 7 year old cousins. She applied for section 8 a year ago and just recently got papers to send back and all that good stuff. She is looking ahead and found a place she’s really interested in. She contacted to be sure they take section 8 vouchers. They responded to her as to say they do accept them, except they use them as income - isn’t that what they are used as to begin with? Well.. they also said something about the tenant having to make 3 times the rent along with that voucher. The apartments range from $894-905 and up. How does that make sense with a section 8 holder? How would they make that?? They said they won’t sign a HAP contract [whatever that is], but will submit to inspections and what have you.. im unsure how much her voucher would be for at this point, but can someone point me in the direction of answering if she will qualify at this place? I don’t want her to get her hopes up if she can’t or won’t. Thanks!

Loading replies...