Borrowers have defaulted on much of that debt.If the education department follows the CFPB and determines that the company duped students into enrolling, borrowers would be eligible to have their federal debt canceled.

Properties can be purchased with cash, or financed many different ways but the operating fundamentals remain unchanged.  

@Douglas T.The one thing you want to make sure is that your condo association needs to be 50% or more owner occupied or your condo will be considered non warranable.This means that it will not be eligible for fannie or freddie financing.  

Unfortunately the secret is that what you are doing doesn't work, not because you aren't doing it well but because it is a fundamentally flawed approach.  

If you are eligible for a Fannie or Freddie loan, I would go to a mortgage broker.

1.If property is purchased in an LLC, Does this effect the cash out refi eligibility?

By beginning to look at deals that fundamentally meet your criteria 

Helping people and being a positive influence in the community makes me feel happy at a fundamental and primal level.  

A majority of all those RE acquisitions were closed without basic RE fundamentals as part of the deal causing them to play a major part in the housing crisis as they were not structured properly and/or in fragile portfolios that quickly crumbled with the first sign of trouble.Flash forward 10 years to 2016, minus the banking industry’s participation, we are seeing the same industry practices that played a major role in the last bubble.

(L.T.V is slightly lower for foreign nationals) Unless the buyer has some sort of foot print already established in the USA.Being non US citizen doesn't preclude anyone from getting capital, although banks may enforce more stringent eligibility requirements.