My wife made a connection the other day that a young lady we know bought a house from a partner I flip properties with occasionally. This girl was renting from another LL we know. Where this girl was renting was probably $800-$1000 a month and most likely Section 8, knowing the LL she rented from. This single mother of 2 bought a $365,000 5 bedroom house in a nice community with an FHA backed loan. Apparently there was a government program backing single moms to buy houses at the time and they also helped substantially with the down payment. This girl was working at a factory at a level entry job and now works as a clerk at a retail store. There’s no way she qualified for this house. I’m not sure if the name of the program, but if it’s federal it has put many unqualified single moms in houses they shouldn’t be in. Not knocking this lady, but with her place in life, she should be renting. These will be foreclosures soon as a result of this. Anyone know of this program and how wide spread it is? It would definitely contribute to high prices and low inventory. --24.152.xxx.xx

I don't have your answer but aren't we going to see the same thing if the BS of "25,000 for new homeowners: goes through? Does no one stop to think? Same with ccs, loans,etc. We just go until we can't and file BK. I am all for helping but live within your means because the rest of us are tired of paying for it. Some people need the hand up. Others play the system and they should be punished, have to.pay back the money or charged with fraud. I work with someone who complains about the rent, bills, etc but when you suggest cutting back or moving, it is a "I can't I NEED it". No you don't. Stepping off the soap box now. --73.230.xxx.xx

MC, America doesn’t have too many thinkers left. --24.152.xxx.xx

If it don't open, ---- it. --69.130.xxx.xxx

I disagree though about her needing to be a renter. She could certainly be a homeowner, but needs to be realistic in her first home purchase. --73.108.xxx.xxx

6x6, I’ll give you that. There are very basic 1st time homebuyer communities in the area with houses more in line with her reality. I just don’t understand why the gov is backing single moms on overpriced mortgages. It’s almost like they prefer broken families by incentivizing single moms. There has to be a reason & it’s certainly not to help the mom. --24.152.xxx.xx

What about single dads, elderly, single people,etc? Sounds discriminatory. --73.230.xxx.xx

Exactly. Or just don’t have any programs like this at all? I think we’d be better off overall. --24.152.xxx.xx

While I don't think the government should be buying her a house, I can not faulty her for grabbing the opportunity. --76.178.xxx.xxx

I can certainly fault her for it. It leaves no room for accountability in hers and so many other women’s poor decision-making. If indeed it’s section 8, then she’s basically handed a house that’s worth double what the typical 1st time home buyer community houses go for around her. Nothing in that makes sense. Welfare has gone from providing a simple existence to providing a luxury lifestyle. If all these other factors are correct, then most likely her heating is paid for and food is paid for as well. --174.240.xxx.xx

Government has replaced the father in the family. --174.240.xxx.xx

NE,almost like they prefer broken families by incentivizing single moms.Of course the govt wants broken homes,with the man out of the house everything breaks down within the house and mom cant pay the bills or discipline the children,kids grades go down and the boys have a higher propensity to wind up in jail,this was done by FDR,i think it was, on purpose. --74.77.xx.xx

You are correct, Ken, and it worked. We families allows for easily controllable people. --174.240.xxx.xx

If she has any entrepreneurial spirit, she will rent three of those bedrooms and a basement if it exists to others and live rent-free. --173.28.xx.xxx

Doubt it WMH, my guess would be one room will be filled with mail order Temu and Amazon nonsense, and the other extra bedroom will be set up for her only fans account. --174.240.xxx.xx

Me, she’s the poster child of government dependent. The epitome of Peak welfare. --174.240.xxx.xx

D'S ways to win votes. Go make your money. --172.59.xxx.xx

These handout organizations keep repeating the cycle. Max out the payments and then the sewer gets stopped up, the water heater goes out, the roof needs repair there will be no money left to cover it, much less the financial discipline if there were. Multiply that over 2-3 years and they will be living in a pig stye before it's finally foreclosed. That further kills the psyche of the person they are trying to help. The do-gooders are creating a bigger problem for the people they think they are helping. It's not as simple as handing out money. You have to address some underlying issues like financial discipline before you can really help them. --209.205.xxx.xx

--75.128.xxx.xxx

Oh John, you and your fact check nonsense. I just talked to him yesterday and asked him what the program was. The guys in his mid 70s and can’t remember, nor does he care what kind of program some deadbeat gets as long as it gets the house closed and put the money in his pocket. I just asked here out of curiosity. --24.152.xxx.xx

Yes MikeA, there is a major do gooder problem in this country. But the government programs on this scale are much more sinister. --24.152.xxx.xx

To add to the speculation... sounds more like a church sponsored program. Or some other private money. Government funds typically have rules where you can't discriminate or have to discriminate. --174.228.xxx.xxx

Wow. I love how the classic forum libs automatically assume no government program will be strictly for single moms. Ok, well I guess yet again real life experience is trumped by forum superstition. --24.152.xxx.xx

Maybe her grandma died and left her some cash for a nice down payment. Maybe she has a boyfriend with a decent job or she got married. Maybe she does OnlyFans? --172.58.x.xxx

Yep, I’m lying and my partner lied to me. Oh I loathe this forum sometimes. --24.152.xxx.xx

No you don't. --157.131.xxx.xxx

Yes I do. And this post must’ve hit a nerve with the lefties. All I need now is JAC to show up and I’ll have a double hat-trick on this one. --24.152.xxx.xx

--157.131.xxx.xxx

And you never surprise me with your willingness to go to bat for all things left. I can add this to my favorite growing list of why so many posters here suck. I’m bringing an actual real life scenario to the forum for discussion and of course the liberal brown shirts assume it’s completely fake news. It’s unbelievable but predictable. --24.152.xxx.xx

I am a bad person. I really shouldn't feed the trolls. --157.131.xxx.xxx

All in all, buying a home as a single parent may be easier than you think." --173.28.xx.xxx

Yes WMH, buying as a single parent is easier than we think. Including high end homes in high end neighborhoods to moms who really can’t afford it. --24.152.xxx.xx

Hubba, how many boosters you up to these days? --24.152.xxx.xx

NE, I didn’t call you a liar. I said you were speculating. --172.58.x.xxx

I’m not speculating either, I just don’t know the names of the programs. --24.152.xxx.xx

Another govt program that I will refer to as creating future inventory --74.77.xx.xx

Then there is DSS which overlaps with HEAP. Then "Family Promise" that has a homebuyer subsidy along with rental subsidization. Then "EMPOWER" which will go out and do insulation, high efficiency applicances, etc. etc. They DO incentivize landlords to rent to the very lowest bottom feeders and dangle "free or reduced cost insulation/appliances, etc." in front of the property owner. Middle class need not apply. --64.246.xxx.xx

Mapleleaf, this kind of stuff must happen all over the country. An 8 unit building I used to live in had something similar happen. The owner put in section 8 tenants against his better judgement at the time. An elderly drunk couple in this particular unit. Another separate local program called at Trehab came in and spray foam the basement and installed a NEW FURNACE without the landlord knowing it. He was telling me about it and was pi$$ed that he wasn’t informed. He was happy with the insulation and furnace, but not too happy about them just doing whatever. But I’m sure if you ask the libs here, I’m lying about this too. --24.152.xxx.xx

Plus they installed the furnace and insulation for free to the Section 8 tenants. I’m guessing their heating bills were paid as well. --24.152.xxx.xx

Just for fun I had the local NYS EMPOWER crew do applications with my moderate income tenants. Not one of them qualified. You have to have the absolute bottom level of tenants, namely those on S8 and DSS. --64.246.xxx.xx

mapleleaf, when i had low end units i routinely had tenants on section 8 and the balance of the rent was paid by welfare office --74.77.xx.xx

Ken,yep I know. Having worked for Section 8 I have no desire to have that type of tenant ever. --64.246.xxx.xx

Had a fridge delivered and paid for by some program. We knew because somehow delivery had our number. No mention about the old fridge, whether it was inefficient or had died.. --73.230.xxx.xx

Sure I would have trouble sleeping at night, but then I could start taking some good drugs and forget all about the problem life I created. --107.147.xx.xx

--107.141.xx.xxx

I don't think you have good math skills. A 365K house would require a minimum 3.5% to 10% down on an FHA loan with significant additional costs for closing, origination and others. 3.5% down, the monthly payment would be over 2K without even considering PMI or taxes. No one on section 8 would be able to afford that. You are correct. I don't believe you. --208.102.x.xxx

JAC- a house can be bought in my area way less than $365k, I am selling a fully rehabbed house for $175k currently, someone could own that house for riughly what it would cost for rent --74.77.xx.xx

“The party told you to reject the evidence of your eyes and ears. It was their final, most essential command.” Motto of the forum libs. --24.152.xxx.xx

Keep your eye on the ball NE --157.131.xxx.xxx

In NE's post the house was $365k. --98.235.xxx.xxx

Why haven't you looked up the house on the county records and checked who holds the mortgage? What are the mortgage terms? --98.235.xxx.xxx

I gave you the details Dodge, you look it up. --24.152.xxx.xx

Hmmmmm 2008, I can't recall exactly what happened back then. Oh yeah, the deck of cards came tumbling down and the investors broke out our vacuums --24.101.xxx.xxx

--107.181.xxx.x

I might be missing some details, but there’s one thing I know for sure. If this thread draws out all the forum libs in defense of the gov and denying the existence of these programs, it just tells me that they are 100% in fact happening to some degree. I’ll trust what happened in my real life vs lefty denial here and discuss more with my real life partner when I see him. --174.249.xx.xxx

--157.131.xxx.xxx

--68.190.xxx.xx

plus sometimes 1st payment due in 30 days. --65.60.xxx.xxx

What's the name of the program? --98.235.xxx.xxx

And the point being is that no section 8 client would be able to afford this program because of the required funds regardless of the downpayment and closing costs paid. The program NE is referring to is the NE Imaginary Gov Conspiracy Housing Try To Blame Someone for Anything program. It exists somewhere in the dark useless grey matter. --208.102.x.xxx

DP funded by program also. Not fake news, just missing some details. --174.240.xxx.xxx

If they have the program they will find a way to get them the money for down payment etc, sounds like future inventory to me since we all know they wont be able to keep the houses due to ineptitude. --74.77.xx.xx