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Hello! I am an Asset Manager with a portfolio of 11 distressed Multifamily assets in Houston. (Spread throughout Houston). I have a couple affordable properties and need help get HAP residents in. Any advise or connec...
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I am excited to share a success story!!! After 11 months of being under contract, we recently closed on a 63-unit apartment near Down Town Dallas! It had a HAP contract, an assumable city of Dallas loan, non-profit pa...
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I got a section 8 notice through stating that my Hap payment is $704
but tenant rent is $0.
Why have they reduced the tenant portion to $0 when it was previously $96 ?The rent is $800 and the tenant has...
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Hey guys got a question for you.I'm taking a shot at a Section 8 rental and we're in the last week and a half of the rehab. I won't be providing appliances but I know that for the section 8 inspection, part of that i...
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For a first rental property- would you allow Section 8/Hap and how do you allow tenants to secure your properties for rental under section 8?
Do I have to apply?
I'm in Georgia.
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There is a HUD apartment for sale that has great numbers. The reason the numbers are so great is because the HUD program is only in contract to pay 60% or so of tenets rent for another year or so. That means the ban...
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Looking for FHA Approved lenders in South Florida/Miami that work with HAP and Down Payment Assistance Grants.Interested in purchasing a Triplex out here.
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Can someone please explain these two terms found in the HAP contract:
"Initial Rent to Owner" ($583) and "Initial Housing Assistance Payment" ($453)
My tenant's rent is supposed to be $675 per month, and I was under...
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I am looking at purchasing a couple of complexes that have HAPs contracts assigned and have some questions. Anyone out there have experience with these types of contracts that would be open to answering some questions...
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I cross posted this a week ago and am running into a dead end, any help would be VERY appreciative, whether it's guidance or a company that does this. I am under contract on a property that currently has a HUD HAP co...