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
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!
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?
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.
@@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.
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Awesome
Content thanks
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
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?
Do you buy turnkey properties?
Is the security deposit equal to a month’s rent? And who pays for it? Amazing video btw, thank you!
Depends on your state laws how much the security deposit can be. The tenants pay it. Thank you so much for watching.
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!
how many hours do u work a week managing the properties you own?
Some weeks, none. And some weeks, very few.
Let me rephrase, can we register a DSCR loan in all 50 states?
Depends on the lender. Most lenders lend in most of the states.
Can we use a DSCR loan to buy these properties?
Absolutely
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?
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.
@@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.