I’ve developed priceless relationships which started with a simple hello.

So there is an underlying relationship between your refi and the cash you'll have to reinvest to purchase at least as much as you sell.When folks are using the Brrr approach they'll try to leave enough equity in the property to be used as a sufficient down payment on their next 1031 property. 

These are the major banks providing loans to foreigners as I checked online.I am planning on spending 1 mil this year in rental properties in US and looking for a lender with a long term relationship who could leverage and extend my property portfolio.

The length of a lease, M2M or term, has no relationship as to when a tenant will move out.

Face to face is still the best way to gut-check your decision, and this is a long-term relationship you're getting into, so make the investment in your investment and just fly out.

It is AWESOME you are starting to look at things now...but consider it an opportunity to build your relationships with the brokers and learn how to analyze deals that are posted on Loopnet. 

In my experience it takes a couple of years of talking with these groups to build the relationship to the point of them funding a deal. 

I'm open to using a private money lender, however I also see intrinsic value in establishing a relationship with a local bank.  

Due diligence in checking references and seeing the type of work product each contractor can deliver may take more time at first, but once you have established relationships with the right people, you will save time and money.Budgeting BlundersOn television, property flippers take a quick tour through the property, throw out some numbers, and get to work.

This is my goal with the BiggerPockets Pro membership: I’d like to network with as many people as I can, build professional relationships, learn what I can from the best minds in the industry, and hopefully learn about some great deals and opportunities along the way.