Pre-Purchase Counseling Part Two: Residential Multi-Family

This comprehensive training equips participates with the knowledge to educate clients interested in purchasing multi-family residential property.

Online Training

Overview



This course will equip counselors with advanced skills and knowledge to become highly efficient at evaluating their clients’ affordability by analyzing their income, credit, debts, and ability to sustain their home, as well as the rental units in purchasing a residential multi-family property.  Counselors will gain experience in preparing their clients for the responsibilities of being new homeowners and landlords, including financing options, property maintenance, vacancies, compliance, and available tools and resources for effectively managing their rental units while complying with local, state, and federal requirements.  Through interactive scenarios, participants will learn about and understand the risks and responsibilities involved in the business of being a homeowner and landlord and learn proven ways to help their clients handle them successfully.

Learning Objectives:

  • Understand financing and affordability considerations specific to multi-family property purchases.
  • Educate clients on landlord responsibilities, including tenant screening and property management.
  • Explain how rental income contributes to housing affordability and financial planning.
  • Help clients navigate legal obligations, including lease agreements and fair housing compliance.
  • Equip clients with strategies for successful property maintenance and tenant relations.

Who Should Attend:

  • Paid or unpaid staff working for a HUD-approved agency.
  • Partnering with HBCU Students, Staff/Facility, and Alumni.

This course is an essential resource for housing counselors aiming to expand their impact by supporting clients on their journey toward multi-family property ownership and effective landlord status.

FREE to Housing Counselors from HUD Approved HCA and Partnering HBCU's.

Course Modules:

Class Objectives and Overview

How to determine if being a landlord is right for my client?

Financing Options: Government Back & Guaranteed Home Loans

Financing Options: Traditional & Non-Traditional Mortgages

Finding the Right Multi-Family Residential Property

Tenancy Laws & Regulations

Finding the Right Tenant

Rental Application & Screening

Landlord & Tenant Responsibilities

Property Maintenance

Money Management

The Eviction Process

Scholarship Eligibility

 This Pre-Purchase counseling training for multi-family residential property online course is designed for HUD approved counseling agencies and partnering HBCU’s interested in learning the skills clients will need to effectively manage their rental units and meet their obligations as landlords while observing federal, state and local laws and regulations.  To be eligible for the full tuition scholarship you must be employed by a HUD approved counseling agency when you register. After completing the registration form, your will receive a confirmation message. Once your application is reviewed and approved, you will receive a welcome email with the instructions to join the free online training course.

Multi-Family Residential Property Certificate of Completion

Download your certificate of completion once you have finished the course. 

 

 

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Duration

Self-Pace

Location

Online Training

Language

English (Spanish Captions Available)

Certificate

Certificate of Completion

Cost

$500 (Free to HUD approved HCA's & Participating HBCU's)

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