The program is designed to assist low-income families, and these benchmarks might exclude a lot of qualified people.That said, the requirement for stable rental and work history is reasonable, but you might consider relaxing the credit score or income requirements since Section 8 guarantees a portion of the rent.

Live in the multi-family for a year, then move back into your own home and rent out the unit.If if not ideal, it's worth the hassle. 

I've been analyzing the market for only about a month and a half and noticing that prices of multifamily and single family homes are resulting in a PITI payment that is entirely way too close to competitive rent prices to justify investing for cashflow.

If you're purchasing a single family home you can use traditional financing like you probably did on your house or you can do a commercial loan.

The family purchased a lakefront property in a nice area three years ago but then ran into a series of issues, and have abandoned the place because of them.They are hoping the bank allows a short sale (asking for roughly $20,000 under what is owed)Here's what's made them so unhappy:Anytime they used the laundry it was dumping into a dry well, which would back up into the house forcing them to take their laundry to a laundromat instead!!

Purchase price: $45,000 Cash invested: $45,000 Single family buy & holdHey @Malcolm Grundy!

My wife and I purchased our first home, a multi family, to house hack in late 2024.

I realize this is an older post, but my family and I run a property management company.

Over New Year's, my family stayed at the Hotel Del Coronado for 5 days, for around $600 per night.

Quote from @Kathy Grossart: Can a non-accredited investor in an already established SDIRA, within a 506(b) multi-family syndication, do a 1031 exchange to another syndicated property (with same operators), if the new 506(c) offering required investors to be accredited, and the investor is not?