All Forum Posts by: Elijah Joseph

Hello everyone, I've been doing a lot of research on Section 8. I am an active property wholesaler and have lots of experience in real estate trading. I'm ready to build a portfolio now, and would like to start with single family section 8 rentals. My niche target is buying 60-90k houses in midwest and midsouth USA. These properties are great but the problem is, I don't know how to fund these transactions without using seller financing, subject to and/or raising private money. Does anyone know where I can just get a loan to leverage and buy theses properties to rent to section 8?

Happy to connect Rich, thanks for your reply. Can you recommend a HML specifically that could fund that?
Also, I didn't know I could use 1 lender to finance multiple houses at once. How would those logistics work - wouldn't I need multiple purchase contracts, loans title policies once the transaction is complete? 

Can you recommend a conventional lender that will fund that low of a purchase price? I get 90% of my deals off market. Every lender I've contacted so far has requested me to go get a personal loan. I don't really like that option. Do you have any idea why deals are tougher to fund being that they're off market?

My strategy is to buy 1 at a time. I've never bought multiple homes at once before, so I don't really know how to pull that off. 

Hello everyone, I've been doing a lot of research on Section 8. I am an active property wholesaler and have lots of experience in real estate trading. I'm ready to build a portfolio now, and would like to start with single family section 8 rentals. My niche target is buying 60-90k houses in midwest and midsouth USA. These properties are great but the problem is, I don't know how to fund these transactions without using seller financing, subject to and/or raising private money. Does anyone know where I can just get a loan to leverage and buy theses properties to rent to section 8?