I pay attention to local amenities like shops, parks, and restaurants, because they make the area more appealing to tenants.

You can shop 10 or 20 lenders in a weeks time, find out what products they offer, what rates, what overlays and qualifications they each have for you....

Have you read any of the books here in the BP shop yet - I'd definitely recommend the BRRRR book among others. 

Shop LTV (or cLTV which is combined Loan To Value, basically your first mortgage and 2nd mortgage combined loan to value), rates, payment terms, time to close,  and draw period (how long you can go into and out of your heloc). 

- Do you want an ocean view, or is proximity to the water or to resort amenities like fine dining or shops most important?

If there were ever a time to shop multiple carriers and even multiple agents (if necessary), that time is now. 

Pick one that is improving, homes being renovated and flipped, vacant storefronts being turned into cool coffee shops etc.Good luck.

Check The CE Shop first.

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.

Zoning says that it is a repair service shop, excluding automobiles, any idea if leasing out storage space would be permitted?