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All Forum Posts by: Andrew Chung

Andrew Chung has started 1 posts and replied 1 times.

Multi-Family and Apartment Investing

Post: Building Low-Income condominium?

Andrew ChungPosted
  • Posts 1
  • Votes 0

If there are low-income housing for apartments and homes, is it possible to build a low-income condo with 20+ units (studio sized) and sell them to qualified low-income families or individuals? Does Sec 8 or anything similar apply in this scenario? If not, how profitable would this venture be as opposed to selling average priced condominiums relative to market price?

This is regarding the Southern California area.

0 Votes