Sit down with local loan officers, banks, hard money lenders, Realtors, wholesalers, etc.... and you will quickly learn what loan products could work, and where to find deals.

@Barry Pekin as a newbie I find that unfortnately people are in such a hurry to sell their products that they dont tell you the ramifications you may encounter.

I tend to outwork everyone, very competitive in terms of meeting goals and putting the best product first. 

check the link below  https://www.amazon.com/Book-Investing-Real-Estate-Money/dp/0990711714otherwise there are products out there to get in a property for as low as 1-3.5% down. maybe find a partner to come up with the money?

@Andrew Nguyen might have trouble finding that product in big areas like Dallas/Houston.

Anthony and Greg gave good info.Freddie Mac or Fannie Mae agency loan options depend on the property's economic vacancy at the time of loan application submission, physical occupancy for last 90 days, submarket, and your net worth and liquidity cash position. 

I truly see not declining revenue for this particular product.

Any fellow members know at which stage a foreign buyer must be physically present in the US so as to complete the closing?  

This obviously eliminates the need to be physically in the US and can take a lot of the "busy work" off your plate when looking for a passive investment opportunity.

If you currently have an FHA loan then you'll not be able to take advantage of the 3.5% down FHA loan in the same market, but there are several loan products that offer something like a 5% down loan (which is a conventional loan product).