Especially when politicians cotton on to the exact situation you just described, with a bunch of foreign interests stashing money in the RE market?

First 3 are paid off in cash and now I'm trying to get a loan but I'm a foreign investor so I'm having to jump through hoops.

We are a destination the world over for tourist and foreign nations seeking a better life.  

However, you have to remember that NYC is city for 2nd, 3rd, 4th homes for the uber rich, and as we've found out -- many billionaires from China, Russia, [used to be] Brazil, etc were just simply parking their money in these condos NOT to live, but rather to hide and hedge their currency from their government, who could confiscate their bank accounts in an instant.

Many foreign investors will find themselves being assessed tax at the same rates as US individuals.

So I figured I'd look to open up an account in San Diego (where I live), but so far after reaching out to two credit unions it seems they want an LLC-5/LLC-12 filed which I found out is a way of registering the LLC as a foreign LLC.

Hi BP communityLooking to connect with a realtor from Cleveland that is experienced in dealing with foreign professional investors

Considering the partner i am involved with have terrible credit and me being a foreigner what is the best way to go about it to ensure we get some sort of lending on these rentals?

The Mexican Foreign Ministry issues a permit to a Mexican Bank, allowing the bank to act as the purchaser for the property on behalf of the beneficiary.

Additionally, there's been some sell-off of the U.S dollar, indicating more confidence global currencies, and optimism of a global recovery.Of course, any indicator can be argued (as I'm sure you will), but there's no doubt that there's more reason to believe we've hit bottom now than any time in the past 12-18 months.Whether we have or not, who knows...But, my original hypothetical remains -- if we do prove to be pulling out of this recession, do you give credit to the administration for what they did?