This approach allows you to have a legal presence in the country, which is often necessary for investing there if you don’t live in Spain.Having a virtual office in Spain through your LLC could help you access local tax benefits and deductions, such as expenses for mortgage interest, repairs, and insurance, which non-residents typically cannot claim.It’s worth consulting with a tax or legal advisor familiar with both the US and Spanish systems to ensure compliance and take full advantage of this option.

While these vendors are typically reputable and skilled, you might not get the best price compared to shopping around directly.

Typically a tax foreclosure is first position lien.

What's a typical down payment for commercial multifamily?

That's a typical scenario and could cost you $10,000 - $15,000 so that would be a good starting point for your reserve.But there's more!

For example, a buyer putting 20% down on a $500k home would pay around $500k in interest over the 30-year life of a typical mortgage at a rate around 6.5%.

While I don’t typically work with real estate agents to find deals, I do collaborate with other professionals throughout the process.

What you will find is they typically appraise for far less than the hands off cost to add the ADU.  

And are they riskier than a typical conventional loan? 

Mortgages for LLCs with personal credit under 680 are tough and expensive, and under 640 are typically not really economically practical for the borrower.