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Updated about 7 hours ago on .

User Stats

5
Posts
0
Votes
Katie DuPree
  • New to Real Estate
  • Joliet, IL
0
Votes |
5
Posts

Started Section 8 in Joliet, IL but others are interested?

Katie DuPree
  • New to Real Estate
  • Joliet, IL
Posted

Hi! Trying to get my very first LTR filled. I have a section 8 applicant who has submitted an application, and we are waiting on the city of Joliet to inspect our property. However, I am not sure what we will be offered for rent and the tenant's application was not the greatest either. They currently have no proof of actually being able to pay the deposit (I know this is based on the rent but the account literally has $0.00 in it). And I'm really not even sure how to verify their income because I'm not sure how much of the rent they are responsible for yet.

My question is, let's say I have a perfectly qualified non section 8 Applicant make it through the entire process and submit a deposit to hold before the section 8 applicant gets all the appropriate documentation submitted. Is this allowed? I haven't seen anything saying it's not but this is my first time doing any of this and I just want to make sure I'm doing everything right. Thanks for your wisdom in advance!  

  • Katie DuPree