Section 8 (or HUD) Housing Contracts

[Justin Nadeau]

Hello everyone. I've been investing for one year now and I currently have 2 properties in upstate NY. One of them is section 8 however I am still learning the rules and regulations for that program. I've heard on some BP podcasts of investors purchasing buildings that have some sort of HUD contract (basically gold). Ive called HUD and the Local housing authority but I am getting the run-around. I have a potential 9 unit in the works and was curious if anyone has any advice or guidance on how to obtain a HUD contract or if anyone who has history with section 8, to share some of their experiences/thoughts/advice . Thanks!