When used correctly a HELOC allows you to do multiple deals over and over again.

Most foreign buyers are high net worth individuals who want to park their money there in a safe haven and they don't need BP.No restrictions apply to American buyers in the countries they'd generally want to buy, including those mentioned by Federico and many other popular countries.When it comes to Spain specifically, some more conservative banks will ask you for a 40% downpayment (that would be the maximum) but that isn't the rule.

See if their contract even allows court without mediation first.

This also allows for property owners to more easily write-off assets that get damaged/destroyed as the value of these assets is determined as part of the study.

This is a tool that is supposed to achieve a competitive advantage in the marketplace, which will allow you to outperform the competition.Thus, if you are OK with me being nice, I'll repeat myself and tell the newbie OP that I think your tool is fine to use and learn from.

The market is affordable, with properties in the $100K - $150K range (or lower), which allows for scalability, just like you mentioned.

The current commissioner would allow insurers to use computer modeling of future exposure to set premiums, while requiring them to offer coverage in risky communities roughly in line with their shares of the market.  

By paying off the land loan through the new construction, it removes that lien and allows the construction loan to move into 1st position.   

With $10,000 saved, an FHA loan (3.5% down) is a great choice, allowing you to afford a property around $280,000.

If you can save money and renovate and the ARV allows you to pull your intial capital out sooner, I say go for it!