Banks make money off the interest rate of the loan they sell to borrowers, but because they close the loan in their name on the closing documents, the government doesn't require them to disclose the SRP/ Overage to the borrower.

Loaning money to any individual is not an acceptable investment.Folks have assumed you want to borrow from what I read, you said invest, you might be a stock broker, I have no idea what the plan is or was.Non-profits may invest so long as the investment meets legal restrictions.State law dictates, in the absence of state law, it becomes prudent judgment and the board of directors could become liable if grossly negligent, N/P boards are held in a pretty protect position, more so than a for profit entity, so the threshold of negligence can be pretty high.Prudent would be FDIC insured accounts or SIP, municipal bonds rated A or better, no stocks, no corporate bonds, government fed fund accounts or T-Bills, but this requires more money than we have here.N/Ps may not hold excess funds like a for profit, the funds held must be justified as to the need of meeting the stated mission.

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.

Also the city runs it finances poorly due to corruption in the municipal government.

I am technically disabled and instead of collecting checks from the government I decided to create checks.

Lesson #1072 learned.Now, a question: one thing I intend to put in my contract going forward is a requirement for government issued ID, copy of the contractor license, and proof of insurance, as well as same for all subcontractors used, whether hired by me or the GC: how much resistance am I likely to run into asking for all of that, in your experience?

It of course is worse than that... because your HA is using tax dollars, and if you bid them up you are just adding to government waste;)

Second, agents mislead banks, governments, and relocation companies, but not individual clients, like you and me.

Rich, for properties on that scale you often find more options with programs associated with government back loans.

You could buy up quite a bit of vacant land, transactions are simpler, maintenance costs are far less and government involvement is at a minimum.