I mentioned in another post that there are some houses in low income areas of Baton Rouge that can be bought for anywhere between 15k-50k… tons of them. I considered buying one at a time for cash and putting them on section 8.
I was wondering if anybody had experience in offering owner financing in these types of neighborhoods. Seems like it would be easier to find decent people who will take care of the house and make their payments on time if they were buying instead of renting.
What do you think?