When you look at job growth and population growth, it looks positive to me.

Next, as stated above, a DSCR loan cannot be in 2nd lien position.

With your analytical mindset and dedication, you’re well-positioned for success in real estate.

Quote from @Ryan Konen: @Chris Seveney I've lost a job at company that was morally challenged when I spoke up they found reasons to dissolve my position.

i didn't even know auctions gave opportunities to actually have access to properties beforehand.Given your line of work, i would say that you are uniquely positioned to work well in the outlined situation.

Or would you not try to do this deal at all and wait to build up the cash position to fund the down payment, which could take 2-3 years?

The problem is your equity position meaning if the home is worth $1.3M and you owe $975K you are sitting at a 75% LTV with only 25% equity.

I am interested if anyone has a referral for a bank that will lend (first position) a HELOC on a 4 family property in Columbus, Georgia.

It's a gateway into the investment you actually want to make.I'd recommend you put yourself in a position to take advantage of a REIT exit as an OPTION, not an OBLIGATION.

People write essays on their position, instead of bullet points on the facts, pros, cons etc.