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.

Quote from @Griffin Malcolm: Open an LLC and apply for a small business line of credit from Key Bank.

Well, not so fast.For every successful flip, there is an account of some nightmare project that sucked the bank account of someone dry.

I would be happy to take 20 percent down, and owner finance each unit, if banks are that picky. 

They were taxing as a fourplex, but the CO said it was a triplex.I found out when I went to try to refi with the bank.

I'm sure some local banks will do higher especially with a strong relationship but don't think I will fall into that category.

All programs have LLPAs but that's more so any bank's individual guidelines and overlays to specific product pricing.

@Adam Newman yeah, not understanding your statements, "I have $50k plus about 7k in the bank" and "take out a loan and go in with 20% from the start?".

Too bad other hosts don't consider the new expectations we're receiving not only from guests but also OTA sites.

You are walking into a potential situation that can break your heart, break your bank account, or break your will to ever try this again...Maybe if your lucky, all 3https://phillysheriff.com/property-listing/ Thank you for the information!