Because you own an interest in the property, can you short sale it to another LLC, through working with the bank?  

It's a bit burdensome and can make many sellers of such properties nervous since they often don't want to tell their tenants they're selling in case the deal falls through. 

Nevertheless, my question is the following: How do I run a proforma correctly so that from a distance I can run numbers and know I have an educated source calculated to make a deal happen and not fall through.

I am unsure if I could purchase a property through an LLC/SL based in Spain and what would be the taxation using this system.

I graduated college may of 2024 and was only working part time through college not making enough to be lendable obviously.

Hello Arion,If you end up following through with this and need help on a loan, feel free to send me a DM or email!

Is there any way to know if it would be an acceptable contingency to the lender before going through with the deal?

The property was listed as a probate, so I had to go through my agent.

By year three, I aim to cover all operating costs and, by year four, to generate positive cash flow.Experienced investors say it’s crucial to persevere through the initial challenges while gradually building credibility through positive reviews, and I believe them.

If they "sold" the house to HUD, it likely went through foreclosure, nobody bid on it, and it became an REO.