2007-03-13 19:20:45 · 6 answers · asked by number7ministries1977 1 in Business & Finance ➔ Personal Finance
and rent out one of the 2 family units and only accept cash?
2007-03-13 19:32:36 · update #1
Absolutely
2007-03-13 19:27:47 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Yes.
But the thing is, where is this money coming from to buy this house? Did the person work on the side while collecting? Once the person buys it, you better believe the government will be all over that.
2007-03-13 19:30:09 · answer #2 · answered by rktavi 3 · 0⤊ 0⤋
Yes you can. That is an income and the lending bank will see it as so, if you are looking to purchase. There are many lending programs for individuals on fixed incomes.
I have been a Mortgage Banker for over 4 years and I have many clients that are on social security disabilty. If you are seeking help please feel free to contact me.
shalvtor@yahoo.com
2007-03-13 19:31:42 · answer #3 · answered by shalvtor 2 · 0⤊ 0⤋
Yes.
In fact--and a lot of people don't know this but you can buy a house with Welfare payments. That money is for HOUSING whether you buy or rent.
2007-03-13 19:29:52 · answer #4 · answered by dk 4 · 0⤊ 0⤋
YES. You can own your own home & still collect disability from social security.
2007-03-13 19:31:01 · answer #5 · answered by beverlystittums 2 · 0⤊ 0⤋
Yes you can you have income buy your house good luck
2007-03-14 10:05:38 · answer #6 · answered by pattibcacl 6 · 0⤊ 0⤋