I myself have been gearing with these towards a hold and rent approach, this may NOT be your cup of tea if you're looking for a flip only.

I am a full time loan consultant and have switched gears and moved into brokering bulk REO deals.

Did you ever get your gear in the mail?

I heard (or read) that BOA is gearing up to dump alot of inventory.

Since this forum is very much geared towards learning, my post was directed more towards other readers as an example of the tenant pool out there when your property is located in the lower end of the market.

While the principle is similar, the existing program (EB-5) is for commercial real estate only and is tied to job creation.This new legislation does not appear to have any job creation stipulations to it as it is geared to improving the residential real estate sales market.Personally, I think it's a great idea.

There's a good meet up event in Andover on Nov 15th geared toward income properties.

$5The 2% rule is geared towards properties that generate $500 a month in rent.

They have very good social welfare systems so they don't want to take on social leeches, whereas we seem to embrace them here.My answer geared towards the OP/original question: 1.

After all the original FHFA RFI was geared to "all" solutions, it is simply curious that so many came back with the same ideas that were already "floated".Anyhow, the 8% is of course relative also, is it an unleveraged return using leverage monies, is it guaranteed risk free, is it including capital appreciation, etc.