Many borrowers file this form as an exclusion to their US federal taxes as they may have been taxed by the country where they are earning the income.Required Documentation for Foreign IncomeWhen it comes to processing foreign income for a loan, documents required may include:» Most recent personal tax returns» History of receipt» Proof of continuance of foreign income earnings» Conversion of the income from the foreign currency to US dollarsThese documents must be translated or completed in English so that a loan reviewer can properly evaluate the information provided.Fannie Mae & Freddie Mac GuidelinesIncome from Foreign SourceIncome from foreign sources must be reported on the borrower’s most recent U.S. individual federal income tax returns.

Some were purchased specifically to be MTRs & others were conversions when it made sense.  

We're talking about conversion of promissory notes without notifying the signatories that the notes are convertible.

If you're looking for some direction and want to have a conversation I can commit to honesty and transparency, not pushiness or gimmicks.

(I’m also in the UP) I know when I started, (and I’m still very new), I just went and sat down with several realtors, just chatted with them and just through conversation found one I liked a lot.

The plan is to have 25-50 conversations per day with agents, make 3 offers a day.

That conversation could be revealing in and of itself.

Ok, now, conversely with real estate, that is simply not possible. '08' was the biggest hit to real estate in our life times, of EVERYONE alive at the time of it, right.

Rather than that, if a loan is called because the property underwent a condo conversion (apartments into condos) or subdivision process without the lenders awareness/approval, would they still be required to offer a preforeclosure period before being able to foreclose, as is the case for lack of payment?

The moderator took it down before and said that it should be in the classifieds but hopefully this time around they can see for certain that I’m just having a conversation and not trying to sell anyone on anything.