If they were, it would be a rather small task to program that computer or train those "minimum wage people" to set off warning bells anytime the payer on a mortgage account didn't match the original name on the loan.

I'm not talking about "guru program" books, selling only one part of the puzzle.

As far as HUD is concerned, not all departments that administer the program are run the same.

flipsbuy and holdnew constsfrsaptscommercial I'm involved in all of these, and currently have 5 spec homes under const in 2 different states.

HAS ANYONE DONE A MASTER LEASE OR LEASE OPTION TO CONTROL A PROPERTY THEN RENT OUT TO SECTION 8 TENANTS GIVEN THE GUIDELINES FOR THE SECTION 8 PROGRAM?

Only presenting the rational behind my willingness to get involved with low income properties so that others(reading this thread after your comment) that may not have the capital that possibly you had to start with, or don't feel comfortable with too much leverage can have food for thought from the other side of the coin.

CUT THEIR STINKING PROGRAMS!

I came to the conclusion that wholesaling would be the best way to jump start my investing career, due to the minimal risks involved, not as much money to acquire and pass on contracts.

On the silly end, I have Enjoy Suduko, WinPoker (a video poker training program), and recently found Nyan Cat lost in space which is a totally stupid but fun time waster.

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.