And here is a PDF explaining it for both Fannie Mae and Freddie Mac: https://www.radian.com/-/media/Files/Enterprise/Training/QRG...Understanding Foreign Income Foreign income is defined as income earned by a borrower who is employed by a foreign corporation or a foreign government and is paid in foreign currency.

We use an Enterprise CRM System, and are very organized with our files. 

A gamble on gambles of volatility moving certain ways in certain time windows..... 

Until you get better clarity on those answers, you are more likely gambling instead of investing.

So in reality you are ALWAYS gambling in the stock market, yes, even with those big names that seem inconceivable to every drop and ESPECIALLY with those because most are so shocked and in disbelief when it occurs that it's only realized after your left with pennies on the dollar because you waited out a recovery that was never coming. 3rd: MATH and leverage.     

These are very risk gambles that should only be attempted with money you don't really care about.  

I understand being in high cost market and it being difficult to buy but the "cash flow on paper" inexpensive markets is a gamble.

In any event, we can continue to disagree about this and I look forward to the SEC's opinion on it.Syndications are investments for multi millionaires with plenty of money to lose gambling on real estate.

Cashflow is guaranteed, Appreciation is gambling, blah blah blah.

2024 v 2025 is a gamble.