Loan terms are 30 years fixed and there are 10 year IO options available.Lenders will require a Passport, Verification of Residence (Mortgage Statement, Utility Bill, etc..), Either a US credit report or credit trade line history in your country of origin, US Entity documents (EIN, Operating Agreement, Articles of Organization,), 2 months bank statements for proof of closing, and 6-12 months reserves on top of closing costs and DP. 

The bill was lead sponsored by Union City Mayor (and NJ Senator) Brian P.

That led me to Nancy Fox and Dr Bill Thomas, the leaders in senior housing innovation.

.- Good luck getting them to pay their portion for the duration of their lease- Be careful including utilities in the rent as they then won't care about a running toilet resulting in a $500 water bill.- S8 tenants don['t want to pay application fees- S8 tenants cry broke about paying security deposits- S8 tenants in the program for 10+ years claim ignoreance on filling out their paperwork because they've learned a desperate landlord will do it for them.If you want a S8 tenant, you MUST advertise on www.AffordableHousing.com

Quote from @Bill B.: I know it was popular when you could use it to buy yourself an EU passport.

Sends me a monthly list of bills.  

Property owners get an annual update on their SEV & Taxable Values with their city property tax bill, typically sent in December.So now, the city assessor tracks the SEV, but homeowners are taxed based upon the capped Taxable Value.

By the way, credit card expenses count when charged, not when the credit card bill is paid.Buy more stuff.

A few years down the line, they were surprised by California's tax bill due to the state's clawback provision.

We also have pretty high property tax bills (around 2% of the purchase price/property value) that eat into a lot of the rental income.