So yes, we lost opportunity cost, but it's impossible to quantify that without having an actual deal in front of me that I could not partake in due to being tied up in the other deal.

And you're talking of tying up all your borrowing power for another 10-15 years - BEFORE you start receiving that 5.5% return?

Was tied up with a few buyers.

If a deal only has strong cash flow figures because of an aggressive financing strategy, you need to pass on that deal and find one with stronger numbers (which I know is tough in UK but can be done).

get through the building projects in process... flip the big subdivisions I have tied up to Lennar or Horton.continue to shed debt. and FINALLY sell the last 3 rentals I have.. down from 350 LOL.. . continue to be the go to funder for my teams in the mid west allowing them to scale and become financially secure or whatever  financial secure means.get going on the court house steps teams I have created in certain mid west markets. ( very exicited about this niche).move to Vegas  end of this year get out of paying Oregon state income tax' which may no longer be a write off. continue my health regime have lost 40 plus pounds since last June.. maybe play some golf this year.. and continue the international travel that we enjoy.. next up Israel next week and Thailand and Singapore in Feb..

Does it tie into the Biggerpocket ideals and methodology?

Here is the strange part though, I searched the property records and the deed instrument number being auctioned appears to be associated with a HELOC (Home Equity Line of Credit) that is tied to the original mortgage.  

I am fortunate that I have the VA Loan, but it is tied up into a home I own in AZ, so I will refi out of that AFTER my 1st Multi-family, so I can use it for the next one.

Because of their close ties to Oceanpointe my recommendations would be to look elsewhere.

Worst case I can hold the property as rental but I hate to tie up my money like that.