This is what I am encountering, in the current Mortgage Industry.

What Legal Trouble would an Foriegn State Ignorant Investor encounter?  

This is what I am encountering, in the current Mortgage Industry.

Typically a cash buyer expects a discount on the sticker price.

Hi, I’m starting to really look into buying foreclosures in my area in GA but I’m trying to run possible scenarios through my head on things that I might encounter.

I'm not defending their position, just saying I've encountered this a few times.Your message should address this and be more tactful.

Has anyone encountered anything like this?

Not owning your rentals through an LLC exposes you to more risk, even if you have an insurance policy on rentals.However, as a new investor, you may encounter some challenges and opportunities leveraging the LLC.

The rules you are encountering are likely not originating with the bank, but rather underwriting rules related to FNMA (just speculating).You will be in a much stronger position if you show a fully executed lease for $1,900/mo, ideally with an occupied rental property, versus claiming what is possible. 

But they are falling behind quickly and encountering more and more challenges ie Crime. phila2035.org