They choose to because we earned it.

if you buy a random property in a neighborhood you've never been to and turn it over to people you don't know you'll just lose money.not trying to be negative, trying to protect you and your hard earned cash.

Yes, Spain is one of the countries in which banks will lend to non-residents (they generally don't) but Spanish banks are much more conservative than US banks so it's more difficult to qualify, especially if you don't earn W2 income.

You are still going to have holding costs and a heloc will just have less holding costs that you would if you were doing a personal line or hard money. 

He is currently a travel PT that makes $37k pre-taxed but after including all his stipends, his annual earnings are  closer to $95k-$97k.

Please be skeptical before spending your hard earned money on programs and ask for a many references.  

However, I think for the average person this is probably not true. 

Many banks limit personal loan amounts.

I don't personally care about checks anymore so that wasn't an important feature for me. 

You can earn strong appreciation but also lose a lot as the entire state becomes increasingly hostile to landlords.