Key Market Movers and How to Track Rateshttps://www.biggerpockets.com/blog/2024-dscr-loan-rates-and-...How Do DSCR Lenders Calculate Your Interest Rate?

The resources and books you mentioned, like the BiggerPockets Ultimate Beginners Guide and The Book On Rental Property Investing, sound like excellent starting points.Prioritizing financial stability and eliminating debt is crucial, and I agree that a solid financial foundation is key to successful investing.

Neal and Dave also communicated that Neal is hard at work on a key part of the project, which will take several months to complete.Anyone on this thread should note that Harish Varma is not credible.

I had a non-performing loan once where a borrower would do a deed in lieu, but there was a deceased co-borrower, and my attorney required me to go through the foreclosure process to clear title.The borrower knows you’re foreclosing and does not contest the foreclosure and “turns over the keys” to the lender.  

The key is to ensure the HELOC doesn’t turn into a long-term financial burden if the partnership doesn’t pan out.

Hre are the key things to knowWhat you are bidding on - often oddball properties that are hard to identify and have little value are auctioned offThe true as is value of the property, The tax assessment can be way higher or way lower than the true as is valueThe local laws and how they affet your total costs and returns

Insurance : This area of consideration deserves its own deep dive so we’ll briefly highlight key concerns. - The underinsured.

Keep at it because the way you talk and your analysis preference + being good with people is the key to what you want to do.

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

The key is that in order to completely defer all tax you must purchase at least as much as your net sale.