I thought that these were in person until recently when I read a news article that Senate Bill 140, which passed in 2023, allows sheriffs in Louisiana to conduct foreclosure auctions online.

Yes, in theory those would be more expensive, but if I'm one of the first to buy and two years goes by and I need to sell, I'm now competing against brand news homes in my development.

Caught the flag on the first sentence "given the loan terms verbally" - Pretty much all the "reputable" DSCR Lenders will give out a detailed term sheet / pre-approval letter / LOI (many different names but same thing) outlining terms and approvals early on in the process - the good news is that if you haven't closed yet you can still switch lenders and see if you can secure your original terms - also good news is that the appraisal, while likely ordered by the lender or broker is in your name and your property, so you can likely transfer it to the new lender

Quote from @Marcus Morin: I hate being the bearer of bad news, but you must watch this one carefully.

According to people who study the stock market, there is a common theme, "buy the rumor, sell the news."

Fantastic news for high-income earners......if not for strings attached.

By understanding the potential risks and taking proactive measures to mitigate them, we can navigate the digital financial landscape more safely.Please share this message with your friends and family to raise awareness and empower others to make informed decisions about their financial security.Stay safe and informed,Links to my current situation .This reddit post sums it up and has several news links and twitter links .https://www.reddit.com/r/yotta/comments/1cv1mkc/simple_summary_and_your_recovery_steps/

:>) That said, it's not all bad news here.. 

The "good news" is I think there are some tailwinds behind rental properties coming int he next 1-4 years.

I do like The Onion as a news source.