@Shah Kadirmohideen Happy to take a look at some long term options with you.

The property itself has sentimental value in my family as well, so it will be a long term hold.

Glad you made your way here.. are you eyeing long-term rentals or short-term flips?

Quote from @Zeona McIntyre: @Zach Howard I am working on a how-to book on Creative Financing now (I am the author of BP's book on Mid Term Rentals) because when I was teaching myself I was frustrated at the lack of clear instruction.

Registration fees $800+ SOI $50 fees California and legal stuff-keeping it simple-easier to refinance a SFR if decide to just BRR and cash out refi in my personal name versus trying to get loan in LLC name. 

Although multi-family properties is a term used more in the US and converted itself into a proper investment strategy, this is also possible in Spain (or anywhere in the world).

After reflecting on a strategy someone used to buy 15 short-term rentals off-market in just 12 months, I thought of an idea.

Although most of them are longer-term tenants, I just had a midterm in my guest bedroom.

You can also do value add STR & Multi-Family Rentals by starting with distressed properties and using a bridge loan to acquire them with a lower down payment compared to a DSCR loan.Networking – Connect with local investors, wholesalers, and realtors in your target markets.

In terms of low competition, unless you are buying in the most rural or economically distressed area, there is always competition.