Biting off a multi family as your first can certainly be done, depends on how big and the cure for your inexperience is having a PM at least early on in the ownership, that can put you in as a passive investor too.If you take on debt personally it will be on your personal report.

their business model is geared for the rookie but the money you spend paying them combined with your inexperience can make profits slim in a tight market.check out Investors Mortgage Lending, their sister company for some interesting hard money programs.

She was certainly motivated, but I think I negotiated myself right out of that deal due to inexperience.

My inexperience is in knowing contractors, demolition, or subcontractors to do the work quickly and with quality.

But inexperience doesn't make it irrelevant, if that's why you don't want to discuss.

I feel like my target seller is an inexperience investor or someone who "ended up" with a rental and never fully intended on being a landlord.

I'm not making excuses for my poor due diligence and total inexperience, I was young and didn't know what I didn't know, but I do know if he had told me he was making $10k for doing so little, I would of hesitated to purchase.

Ignorance and inexperience leave me vulnerable to them.

I don't think the part about commission is really important or needed.The problem with the owner finance deals Nick is that inexperience creates a ton of risk for the seller.

I'm finding that hard to believe, but you guys are obviously way ahead of me in experience and I can't argue with that!