I am a foreign investor who has been in the U.S for 7 years but I had to leave and currently living in Sydney, Australia.

@Jasraj Singh as a foreign national you can participate in U.S. real estate investing, although taxation and various international commerce rules vary so it is very important to consult with a qualified expert in the particulars of the various implications for the countries your involved in. 

Bridge, portfolio, foreign national and other specialty loan products.Key Bank, FLorida flexible lender, HELOCs on second homes and rental properties. 90% LTV on primary.

@Kealan Hobelmann - As a Lender, traditionally we would need a 'Certificate of Foreign Qualification" if your LLC is doing business outside the registered state.

(not sure if it's 100% necessary as long as we have some cash in hand)Is there any advice for foreigners to invest in the US..?

I don't know that they have a specific real estate focus, but from my experience they are good with the foreign-earned income or foreign tax credit stuff (as should be most CPAs?). 

However I'm a bit nervous about purchasing in a town where there's not much going on.We are foreign investors, strictly purchasing for cash flow - however there's always that lingering thought of non paying tenants, etc. etc. 

Hi Jennifer,I suggest your friend contact a foreign exchange/currency trading firm who charge far less than a bank does.  

The Mexican Foreign Ministry issues a permit to a Mexican Bank, allowing the bank to act as the purchaser for the property on behalf of the beneficiary.

Not to mention, many of those places dont like Americans (and others) coming in and buying up all the good RE and driving up prices so have some interesting laws about foreigners buying there.Its like any other deal analysis, though