Although many of them still work in some fashion or another, the point is that it is voluntary and not necessary.

These various buyers are for domestic and international hotels and hotel-casinos.Thank youspeechlady

.`(9) DOCUMENTATION AND VERIFICATION OF INCOME- In complying with the FHA underwriting requirements under the HOPE for Homeowners Program under this section, the mortgagee under the mortgage shall document and verify the income of the mortgagor by procuring an Internal Revenue Service transcript of the income tax returns of the mortgagor for the 2 most recent years for which the filing deadline for such years has passed and by any other method, in accordance with procedures and standards that the Board or the Secretary shall establish.`(10) MORTGAGE FRAUD- The mortgagor shall not have been convicted under any provision of Federal or State law for fraud, including mortgage fraud.`(11) PRIMARY RESIDENCE- The mortgagor shall provide documentation satisfactory in the determination of the Secretary to prove that the residence covered by the mortgage to be insured under this section is occupied by the mortgagor as the primary residence of the mortgagor, and that such residence is the only residence in which the mortgagor has any present ownership interest.

Hi all,

A big advantage of real estate is that it can be a large tax writeoff. The "depreciation" and mortgage interest writeoffs can save quite a bit.

If I invest in say mexican or canadian real estate will I lose ...

I think you will find BP full of information, support and just some good old fashion (well for the internet) fun as well.Great that you are utilizing your background to assist you with your investing.

These services that I would explore would be: •Foreclosure Cleaning/MaintoRubbishoGarbage RemovaloCarpetoFlooringoElectricaloPlumbing(Internal/External)oRoofingoAppliances-(Ceiling Fans)oPaint oWallsoCeilingsoDoors oWindows oScreens•Maintenance oYard-LandscapeoRubbishoGarbage RemovaloPruningoSecurity(Securing AC Units)oFence RepairoSupport Foundation Repair(Carport Supports)Thanks !!!!

If you're looking to build a portfolio of more than 10 properites, you're going to run into the mortgage cap that banks put on both international and US based investors.

We are a consulting firm that has recent deals in 2008 national and international from 100k to 500mm, Everyone; and I mean everyone with the exception of Silverhill (11%+) is going to charge an up front fee.

. ~~~~~~~~~~~~~~~~~~~~~~~ Please take note of the word Guideline that is used, not rule also they choose pretty much what to do based upon values they determine internally.

IRR is internal rate of return.