@Cory M.Depends what kind of banking you need, but after searching high and low state department federal credit union (with an American citizens abroad membership first, like 100 bucks) and capital one have worked best for me to avoid the nightmare you mention of trying to deal with US banks from outside the US.

Might have this as an actual deal under contract soon... Just curious if the numbers look right to experienced wholesalers before I lock it in...Let's assume the property is in a healthy market area and that my ARV is...

Mortgage rates declined to their lowest levels in over a year, a sample of more than a dozen industry professionals said they were quoting most borrowers in the high 5% to low 6% range on government loans and in the mid-6% range for conventional mortgages.

@Chris DoucetteIf it sounds to good to be true....It's possible they are just quoting you their P&I payment, when you are thinking they are quoting you principle, interest, taxes, and insurance.  

These loans can be a bit more expensive and don't always have as good a rate as conventional.If you are doing a flip and/or purchasing a property that is in such rough shape that conventional financing won't work, then hard money is a good option.

Another good option is Steven Chrobak with Myrtle Beach Destinations. 

@Holly PetersonWe see many lending in a junior position and not checking on status of the first and then the first goes into default and accrues very high interest that eventually wipes them out.Always make sure you understand full picture

Good post.

How do you know they had a good payment history before your purchase?

Good luck with your future investments Donald!