*************************************************************HUD No. 04-037Lemar Wooley (202) 708-0685www.hud.gov/news For ReleaseWednesday April 14, 2004 HUD RAISES FINES FOR LENDERS WHO FAIL TO ASSIST TROUBLED BORROWERSWASHINGTON - The Department of Housing and Urban Development today published a proposed rule that would triple the amount of damages HUD can seek against a FHA lender that fails to engage in loss mitigation techniques.

KarNanI guess you should heed the advice of those here at the forum.To All The Seasoned Investors of This Forum:There is so much talk about techniques (I.E.

I would recommend using "the sandwich lease Option technique", there are a lot of sellers with homes that aren't selling that are willing to do a lease with the option to buy on their home without any cash out of your pocket, have the contract be contingent upon you finding a tenant/buyer.

If they want to try an out there technique to maybe get lucky if they look long and hard enough more power to them.

It would actually benefit you in two ways (learning about investing opportunities and techniques, AND promoting your current business with the other investors and property managers).

Would this be a technique that could work?

I'm not an expert on all the different financing techniques, but you can probably find lots of info searching BP.

Check out the many blogs and podcasts for creativity and experienced input as well as tried and true techniques in various aspects of REI.

If a wholesaler has a RE license then they are called a Realtor.Most wholesalers have techniques to find distressed sellers who are not already on the MLS.

Different techniques, different properties, but you can learn the market very well and make lots of contacts before using your money to buy rentals etc.I tell people starting off to avoid flipping and rentals until you have the knowledge of the market and real estate.