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.
Innovative Strategies
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 4 years ago,

User Stats

158
Posts
79
Votes
Jacoby Atako
  • Insurance Agent
  • Las Vegas, NV
79
Votes |
158
Posts

Can I convert a regular tenant to section 8?

Jacoby Atako
  • Insurance Agent
  • Las Vegas, NV
Posted

So I am in the process of purchasing a home at a big discount to an elderly lady. Part of the agreement I made with her was to lease the house back to her at an extremely reduced price from normal rents.

She's 80 years old and on social security so we worked out a deal that should work for both of us. Her social security is only $1k a month, but she will be about $75k from the purchase. My question is, can I help get her qualified for section 8, and also try to qualify the home as section 8 at the same time?

From what I'm understanding I can both get much higher rent and reduce her monthly rent at the same time. Is that even legal and/or doable?

Loading replies...