Asking Dumb Questions

I’m all about asking questions, even if (especially if) it means revealing my ignorance. The sooner I get the dumb questions out of the way, the sooner I can start asking the smart ones.

Today I posted a question in the BiggerPockets forums that I was 90% sure I already knew the answer to. In retrospect, I asked it because there was still that 10% chance I was wrong, and I was hoping to hear an answer that was different from what I expected it to be. I thought there was a slim chance that more experienced folks would tell me that, because hard money loans tend to close quickly, it’s OK to call myself a cash buyer when I’m planning to be backed by a hard money loan.

But even more than I wanted to hear a certain answer, I wanted to hear the truth. I’d rather find that out now, whatever it may be, than find out the hard way later. So I asked the question, I got my answer, and I’m making changes to my strategy as a result. I’m hoping these changes help me get to my first deal sooner. I know that it’ll help me get there with a clearer conscience.