Although I have been following and learning from BP for years, we are both brand new to this, and I think we may be about to pull the trigger on a mistake, and I was hoping to get advice here before I cancel our offer.The property is in the 30349 area of Atlanta.  

Gotta eat that mistake.

Don't do Cash out refinance that's a mistake.

Made some big mistakes, found a multifamily group, started to listen to podcasts, found a great partner, and we bought our first deal after looking for 18 months.

Make no mistake if self-employed and can only show low income it's because the applicant is low-income.

I read a lot, learned a lot and tried not to make the same mistake twice.

I called it “hell house” and it took me 7 yrs to finally get rid of it after losing lots of money and time, but I did learn by my mistakes.

The thing to remember is New York is an attorney state and my mistake was not asking enough questions of my attorney. 

I also manage the insurance and escrow department for my bank and while we make mistakes, we fix them and we make sure we pay for any penalties if its our fault.

One must accept the fact that there will be mistakes, there will be cost paid, but in the long run, as long as one doesn't quit, and try to improve on the process every day, one will get better.