I currently have one rental property in Hillsboro, OR and I am acquiring another property to gain a second rental property in Aloha, OR.

One strategy, especially favored by corporations: buy up their debt in a high market, acquire assets when prices drop.

Also, we are unable to acquire title insurance until after the redemption period. 

It was good in the sense that it got the first deal out of the way and now with a newly acquired HELOC from my primary home in SB and cash flow from the rental and from our ADU - we're just analyzing deals that make sense.DM and happy to grab lunch.

You can refi your FHA and use your FHA to acquire again, should you have enough equity in the first property.

I intend to use my VA loan to acquire my first couple properties and eventually I would like to move to the BRRRR strategy.

Thanks Marcello so the one discounted property you are buying through auction or other means, once acquired and rehabed and rented so you then have it placed on a Portfolio loan that are DSCR / asset value based on a 20/30 fixed rate ammortization, since you have maxed out on conventional loans since having a limit on loans one can get , IS the idea of you using the heloc to pay down primary a good idea?   

I found a property that I am interested in acquiring as a rental.

I find that it's not that useful because it doesn't account for the financing used to acquire and hold the property from purchase to sale.

No property management.No insuranceNo property taxesNo repairs/cost of acquiring tenants/vacancy/capex