Sounds like a problem with setting expectations.

Sounds like you're on the right track—just stay patient and stick to your criteria!

Hi @Paul Whitney That sounds like an exciting move!

However, it sounds like you are confused about the different types of auctions that exist on Auction.com. 

It sounds like you are in a nice spot where you have options moving forward with investing, (congrats).

I also wouldnt let your mom go into 2nd position on an investment property with any sort of restructuring; it doenst sound like she's in a position to risk being wiped out.Overall, though, if you want cashflow on the new property but cant achieve that after a refi into a market rate loan, it probably makes more sense to just flip it, pay off your heloc and your mom, and use the remaining capital for the next deal.

Go for it.Just don't sign up with a brokerage that will charge you monthly fees.You sound like you have a lead source through what you do as a firefighter and you should follow your first mind and become a direct source for those people your getting acquainted with and building rapport.

Just make sure it aligns with your cash flow goals—sounds like it’s a solid DSCR!

Just the other day, incoming Treasury Secretary Scott Bessant was asked about ending conservatorship, saying “[concerning a Fannie and Freddie release,] …anything that is done around a safe and sound release is going to hinge on the effect of long-term mortgage rates.”

It sounds like there was some misrepresentation, either intentional or not.