Buying Your First Section 8 Rental Property

No video

Buying Your First Section 8 Rental Property | Step By Step Explained

Рет қаралды 8,253

Tim Leak

Күн бұрын

Пікірлер: 18

@TimLeakOfficial 4 ай бұрын

Get $100 OFF of the Section 8 Investor's Course with Coupon Code: 100OFF ⬇️⬇️⬇️ section8academy.podia.com/the-section-8-investor-s-course

@SamRexford 22 күн бұрын

Great video thank you. What is the website/link to HUD rental price data that you showed wich shows areas around the country and how much they pay?

@crisweiser 3 ай бұрын

Awesome Content thanks

@gellertrucking 4 ай бұрын

Hi Tim big fan of your channel had a question for you have you ever a Had a section 8 rental that you got no section 8 application for or do you always get some

@OliverMartinez-cu4hy 3 ай бұрын

Do you buy turnkey properties?

@vane_715 4 ай бұрын

Is the security deposit equal to a month’s rent? And who pays for it? Amazing video btw, thank you!

@TimLeakOfficial 4 ай бұрын

Depends on your state laws how much the security deposit can be. The tenants pay it. Thank you so much for watching.

@vane_715 4 ай бұрын

Thank you for your reply. I’m in Virginia looking to buy in Baltimore to start section 8. I think it would be smart to take your free webinar and book your other services. I will get on it this week. Thank you again!

@samsingh7794 4 ай бұрын

how many hours do u work a week managing the properties you own?

@TimLeakOfficial 4 ай бұрын

Some weeks, none. And some weeks, very few.

@aimeeprattaim4mortgages316 2 ай бұрын

Let me rephrase, can we register a DSCR loan in all 50 states?

@TimLeakOfficial Ай бұрын

Depends on the lender. Most lenders lend in most of the states.

@aimeeprattaim4mortgages316 2 ай бұрын

Can we use a DSCR loan to buy these properties?

@TimLeakOfficial Ай бұрын

Absolutely

@Bsilbs 4 ай бұрын

Can I seller finance my section 8 rentals and put 5% down and get $400-500 a door per month on a property in 70-100k range? I’d rather do that to scale faster, what are your thoughts on doing this and is it possible?

@TimLeakOfficial 4 ай бұрын

Seller financing is rare. And when it does occur, the seller will usually dictate the terms since they’re financing it. They may let you put 5% down, maybe less or maybe more. It depends on what they require. I don’t come across too many seller financing deals.

@Bsilbs 4 ай бұрын

@@TimLeakOfficial I’d rather put in the leg work and make offers everyday because I prefer this to anything else. If I have to play the numbers game more than most, I certainly will. Seller financed (5%) with section 8 is the most efficient use of my money.