When talking to them, pitch it as they will have more privacy than a traditional big apartment building and I always hear that renting a 2-4 family they feel like they are renting a condo instead of an apartment. 

What are you guys seeing as the advantages/disadvantages for expanding a rental portfolio using nonbank lending (B2R, Firstkey, etc) v. traditional bank lenders? 

In addition, the traditional bank I've used on to 2 other deals seemed a little timid of my strategy.

What a valuable team member she has become for finding and evaluating properties as well as for local contacts for building my team.We are using three types of financing options:  traditional mortgages, commercial portfolio loan with a local bank (great rate/25 yr amortization/minimal closing costs) and cash BRRR method discussed on forum.  

I'm sure since you are on BiggerPockets you know that the value of the property is a function of it's cash flow, but a traditional lender will typically lend at 75% of the appraised value which is typically based on the income approach (ie the cash flow) so you'll likely need to save 25% of the value.

It's traditionally a fairly poor working class neighbourhood with many immigrants, but in the recent years, more tourists have acquired property here - due to the location mentioned above and an increase in house-flipping happening here.There are many opportunities for making good RE investments in Barcelona, but if you're looking for a cheap "buy and hold" investment, there might be better cities to place your money.

Flippers often do this when they stumble upon a house juuuuuuuuuuust good enough for traditional financing.

So what's the extra risk in my doing a refi to get my cash back vs a traditional loan where that same cash just isn't used?)

I'm aggressively saving money with my wife (her portion goes to traditional investments) whereas mine will be for real estate investing.  

Thanks for that idea.My first thoughts on this was to make my pitch appear as much like a traditional LT tenant to the property owner - just to tamp down the dissonance.