If you want something that looks nice Article and Castlery have some great looking stuff without breaking the bank too bad ($2-3K range).

It takes a lot of phone calls and asking around, but you can normally find a local or regional bank that is willing to work with investors on these types of properties.Mike

If I could attach it here, I would but I will DM you the file so you can take a look.As far as an agent, if you would like assistance while you're here, feel free to reach out.

Brighton Bank is where my MLO license is at.

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.

Banks need for them to build recognized credit before doing an FHA type loan.

This is a major processing platform used across the US which accepts legitimate payments from any banking institution. 6.

If you want to put the deposit in a out of state/online bank, then you will have to furnish a bond.  

One day several weeks after close, they sent me an "invoice" via email with no body, just an attachment with a jumble of line items - It included one of the two items they were getting a quote for me on (new flooring), some but not all of the items they were supposed to fix as part of the contract (with prices even though they were paying), and a few other items I was not familiar with. 

Get a bank statement to cross-reference their paychecks as most employers now direct deposit.You'll also see if they have a savings history or are living paycheck-to-paycheck.If they are not paying rent right now and have no savings, how well do you think they'll be able to adjust their budget, so they can pay rent on time?