General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 11 years ago on . Most recent reply
renting
I am currently in talks with a landlord. He has agreed to do a lease option agreement with me. Once I have the home under contract I was going to rent it out to another tenant. I was wondering if I could rent the property out to a tenant who is on section 8 or housing.
Most Popular Reply
Brian Gibbons
#5 Guru, Book, & Course Reviews Contributor
#5 Guru, Book, & Course Reviews Contributor
- Investor
- Sherman Oaks, CA
- 3,921
- Votes |
- 6,088
- Posts
Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
#5 Guru, Book, & Course Reviews Contributor
- Investor
- Sherman Oaks, CA
In Illinois, you are asking the owner landlord to do a sandwich lease where you are in the middle, and sub leasing to section 8 tenant.
What is in the deal for owner landlord? Why let you make money on his-her property?
A Motivated Seller is important.