I spent years there in Jackson did probably 1000 flip loans to locals and owned at one time 200 sfrs..

Well its just like in our business when we make a loan and the borrower stops paying we deal with it..

If the interest rates go up to around 7% again do the numbers still work for the remainder of the loan? 

Many investors use new construction loans or bridge financing before refinancing into a long-term DSCR loan.

So if I understand, you would get a loan the normal way and then the bank trust is an extra fee that comes along with owning the property in Mexico?

Similar to what Patrick stated - most have ITINs and have seen a lot of loans like that and those are sold many times on secondary market. if not I know people who still originate I would say they are tougher to sell on secondary market but there are still buyersRe: jay comment - price of notes has doubled over past five years on many loans - especially defaulted or loans with some hair too them. 

FHA loans require living in the home as your primary residence for 1 year after purchase.

What loan size and loan to value?

After seeing the power of financing and understanding how loans can help make real estate deals like this happen, I knew I wanted to be a part of it professionally.

My apartment bldg has 6 units, so it's a commercial loan.