If you never heard of that before, private lenders are folks - mostly older, well established in the work place or their professions - who have funds such as retirement accounts for which they are seeking safer haven than Wall Street can offer as well as better returns.I personally know of two South Korean brothers in their 20s - immigrants, along with their parents who couldn't even speak English upon arriving - who, in the past three to four years, have developed a "stable" of private funding sources with $5+ Million available to them for their deals.

Also, immigration has slowed down and that was a big driver of population growth around the country over the last 2-3 decades.

You guys don't know what we go through while immigrants seriously.

I had 3 things going against me- I am a woman, I WAS young, and I am a brown immigrant.

He wasn't aware of the bill that was about to pass in regards to illegal immigrants not being able to work or rent.

Houston stands out as a growing market, relatively low price-to-rent ratios and continued immigration of businesses and residents.

I know that this post is probably going to be pretty lengthy, but I just want to give the whole story so that whoever's reading this can get a better picture of where I'm at...Just for background, I'm the son of two eastern-European immigrants who came here 20 years ago to provide a better life for themselves and for their kids.

One fascinating example from The Big Short is this Mexican immigrant strawberry farmer living in California that was able to get a mortgage on a $750,000 house based on a stated income of around $15,000 annually.  

ie, one of my tenants is a pastor/minister and the the church/donors pays him CASH and its apparently legal according to his congregation's legal counsel who've provided him a to-whom-it-may-concern letter citing legal statutes as such.

George Bidault ( previous French prime minister) once said, "a good diplomatic agreement was one with which all parties were equally dissatisfied."