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27 April 2014 | 2 replies
This is what the fannie mae selling guide says about foreign income. and you can direct the loan officer to page 356 of the 2014 selling guide to reference this material.Foreign IncomeForeign income is income that is earned by a borrower who is employed by a foreign corporation or a foreign government and is paid in foreign currency.
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11 March 2012 | 2 replies
The BMI is used to determine which currencies are under/over valued.
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15 March 2013 | 18 replies
Over the past year, studying investing in my spare time has become a very active hobby; I day trade forex in small amounts, buy and hold stocks (dividends + selling occasional covered calls), and have been trying to in general be very frugal and conservative (no cable TV, negotiated down all my living costs, got a roommate in to cover the mortgage) and put away a very large percentage of my income.
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6 May 2013 | 6 replies
One option is to borrow against assets in your home country (if currency is strong) as an equity release or margin loan and use in US to get a foothold.
10 June 2013 | 9 replies
Taking $13,500 in cash from your bank will trigger your bank to generate a Currency Transaction Report.
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26 May 2013 | 3 replies
Hi Jeff,You have to find the sellers currency.
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6 December 2020 | 17 replies
Higher end US RE has also been used as place for foreigners from countries with unstable currencies to park money for decades.
10 December 2020 | 2 replies
The Fed is defying economics and just pumping more fiat currency into the market so... they could just continue to prop this whole thing up.
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30 December 2020 | 14 replies
BTW, you can also buy crypto currencies within your self-directed ROTH IRA as well, let it grow and use the money to buy real estate!