If you are saying your mom called her home owner-occupied when it is not, beware that this is loan fraud and carries serious, no kidding, consequences!

And let's say I don't register the business as a foreign entity what are some of the consequences?

If the consequences of getting nothing were severe and I would be "OK" with taking the 1 million I would choose the green.One last note. 

That fee is normal if he is managing the project  getting the permit  and doing the dawning you may be able to look over the bid and get a few items lower  when you look at it .Make sure you have it in your contract you have a right to remove a trade before they start and to use your person if you need to after looking at the bid and signing anything. 

That is longer than you said, but they also have a trading exchange where you can buy out someone's portion at a discount/premium

If you can go as high as $750 with zero improvements, that might be a great trade-off. 

Would that be an acceptable "trade-off" to renters?

I was thinking about it in terms of the probability of default, rather than the consequences of default.

So, either it means much deeper spending cuts or a return to gimmicks, particularly if the economy softens.”Fabian acknowledged that Chicago bonds have been “trading up a point or two for the first time in quite a while” since the Chicago Sun-Times first disclosed last week that Emanuel is poised to raise property taxes by a record $500 million for police and fire pensions and school construction and impose a first-ever garbage collection fee.But he argued that it will take a lot more than that to rid Chicago of its costly junk bond rating.

Investors who buy distressed 2nd liens look for notes where the borrower is paying the first lien because these are more likely to get a workout, so selling this note is a good possibility, but understand that these trade at extreme discounts so you would likely only get a small percentage of what you are owed.