With these kinds of buildings they could have become a scandanavia-like international banking center for the middle east.

The real problem is not that the Lenders don't have enough employee's.

It is all political BS and it happened in international water.

If nobody ever asked for payoff statements, they would need fewer employees.

With the exception of 2 rooms that act as a "break room", this is an international professional business/investing forum.

., to assist census employees".

The bank or investor who owns the property wants the report to meet certain guidelines or controls such as comps within a 1/2 mile radius.In many cases though there might not be recent sales that close unless it is an urban market but many of these bpo's are in suburban to rural markets.So what usually happens is you go back and forth with QC who is an hourly paid employee for the mill and after putting in a ton of remarks it gets passed.From there the BPO mill puts everything in a nice little package and send of to their customer.I will try to make the rest of this post short but can take this much deeper in detail if anyone has interest.Usually from the time of ordering the BPO it will take a few weeks to get back to the bank.Banks use BPO mills because they do not have the time to locate agents all over the country.Instead they pay a certain amount per order to the mills and the mills pay a reduced fee to the brokers/agent completing them.There are hundreds of mills out there to work for as a broker/agent and you are an Independant Contractor cutting checks every 2 weeks to a month.With BPO's you will here these investor guru's touting these strategies that they will work and the BPO can come back in plus or minus ten percent which on a 400k property could be 440k or 360k which could be an 80k swing in value when the bank makes a decision.The reason you hear off and on information is because of the following.When the market was hot 5 to 6 years ago banks and mills had to beg brokers/agents to do bpo's.Most brokers and agents were doing many sales and didn't have time for them. sales and comps were easy to find.I could do a 24 hr exterior rush on a new subdivision home sale and get paid 130 to 150 bucks.

For tax purposes would she be considered my employee, partner in my business or a contractor?

I've been looking around the web for private investors and international private lenders but not getting anywhere, probably because i have no money down myself and as well as the purchase price there's the commission,legal fees,transfer tax,agency fees, stamp duty and working capital needed (possibly another 900,000 making the total funding required 4.600,000).

It seems that employer and employee would be ahead if they got together now.