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Results (10000)
Daniel Anshus Would You buy a property W/Low Income Housing Tax Credits (LIHTC)
17 June 2019 | 1 reply

I have come across some large multi-family deals that have section 42 (LIHTC) units. I have read some of the threads on this topic on here and it seems the general consensus is that a syndication group should NOT deal...

Ken Sanders Applying for Mortgage: 2012 income was low -- File extension to "avoid" year???
14 April 2013 | 7 replies

I'm looking to purchase a home with a conventional mortgage in a few months. My income for 2010 and 2011 were very good and 2013 will be my best year yet, however 2012 wasn't good at all. I'm debating whether or not t...

Laquel W. Is it difficult for a retiree w/low income to get a HELOC?
14 October 2017 | 8 replies

My mother is retired and has ok credit (~700).  I'm curious to hear from lenders on how hard it is for a retiree with ~$3K monthly income to get a HELOC? The property is a duplex and has approx value of $800K+, one un...

Shaun Robinson How to screen tenants in low income areas. Is section 8 a better?
8 March 2021 | 1 reply

How do you screen tenants? What are your criteria? I have a newly renovated single family 2br/1ba house in a lower income area that may be gentrified within the next 10yrs. It’s a very nice property for the area. I ow...

Nabeel Awni Buying a house by cash to start BRRR with fair credit,low incom
3 February 2022 | 2 replies

Can I start BRRR Investment by buying my first house by cash then depending on the rent alone as proof of income to get a loan for my second investment?
to be clear I just moved to US , I have a cash in hand (my savi...

Krista McGalliard Anyone out there know about Grant Funding Programs for low income housing renovations
9 August 2023 | 1 reply

I wasn't sure where to put this. I am new to BiggerPockets but have been a casual investor for 20+ years.  I recently converted real estate in Colorado to real estate through 1031 properties.  I have discovered a town...

Victor Zeytin Tax advantages of a 100% low income multifamily development in Los Angeles County?
3 August 2023 | 0 replies

Hi everyone, I wanted to check on something with the experts here. Specifically, I wanted to check what the tax advantages or possibe tax abatements available to developers building 100% low income, section 8 housing ...

Victor Chico HOME Investment Program, Low Income Housing Tax Credits and HUD Multi Family Loans
6 August 2015 | 2 replies

Hello:I looking for someone who has had experience with the above mentioned programs. Here is my story...I have a single family home in a big lot. I rent it under Section 8. I have already spoken with a friend who's a...

Ryan Dossey Who has started or makes their money off of the low income areas?
9 October 2014 | 19 replies

Just as in any other business venture you have to way the risks vs the rewards. Those of you that have successfully started or successfully invest in low income areas what are your thoughts. It's no secret that the lo...