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Updated about 1 year ago on . Most recent reply
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Seeking Guidance/Information on Section 8 Rentals
Hello, I am currently a (new-ish) Realtor in the PA area. I have had an interest in rental properties for quite some time, but I am nervous and still feel unprepared to own/manage being a high quality landlord. I recently have been more interested in section 8 rentals, which make me feel even less prepared and unaware of what I do not know. I would love to learn as much as I can so I can finally start my journey into owning real estate properties.
Thank you,
Mike
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- Attorney
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@Michael Primavera Sure, from a literal sense, less expensive assets will require smaller down payments. I assume that's the market you are chasing if you are looking at options where you will be leasing to PHA voucher recipient tenants. I just want to make sure you are not expecting better leverage due to the fact the units are being leased to voucher recipients. If that's part of your rationale, I will tell you now that won't be the case. Just wanted to clarify that and make sure I understand what you meant by requiring less money down.