I do not plan on committing mortgage fraud.

no, there were not special forms needed. the canadian couple did not, of course have american social security numbers, but they were able to use canadian i. d. in place of that without issue. they purchased the house i sold them and others that they currently own in much the same manner as an american citizen does. i would have to agree with josh, it would be best for your friend to invest in an area of the U S that he can travel to easily. here in buffalo and the western new york area, the couple from canada that i speak of live in toronto which is about 90 miles away. pretty much an easy trip. of course you have to go thru customs on a regular basis which can trigger intrest from them because of the frequent trips, but once they get to know you and the issues that are a part of the reason for the frequent trips, its not a problem. 

If you take the 15 year mortgage you would in effect be committing to spend that money any way per month, right?

And brokers frequently have desk fees and other monthly expenses you'll have to pay.In my opinion your best bet is to find an agent who will work with you.

I doubt it would be as passive as you think, and it is a long term commitment.

Wholesalers that have NO equitable interest and don't have the property under contract are committing a 3rd degree felony in Florida.  

Your seller is in on it.....conspired to commit fraud?   

One year I spent over 150 days at Hiltons across the country and have the frequent flyer miles to prove it... :)My vote and post counts are goofed up for some reasons.

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Very frequently, one of the forms you are asked to sign at admission is a waiver that allows the hospital to confirm that you are a patient if someone calls.