Having always avoided leverage I am only now beginning to look into it, so if I’m miscalculating or misunderstanding I hope someone will let me know. 

On the mortgage side once in a while a firm gets burned for advertising that a 7/1 ARM is "fixed" for 7 years, since a consumer could misunderstand that as meaning it's a fixed rate mortgage.I probably wouldn't be as concerned about including a picture that happens to show the ramp.

It’s no wonder our industry creates so much confusion and misunderstanding. 

@Charles Seaman There's a misunderstanding between commercial lending and commercial property types. 

Perhaps, I'm misunderstanding but I would say the rates will not vary that much by the time you get the value up.

@Grace Kwon I think I understand what you are asking but if I am misunderstanding something please let me know...Your prequalification letter should outline the specifics of your qualifications.  

I make it clear that I don't want to hear about any "misunderstandings" later on because I personally went over everything with them and addressed any questions at the time.

Bankruptcy law is complex and easy to misunderstand. 

@McCall RusselI can bet big bucks @John Thedford didn’t misunderstand you.

I will assume that you mean finance out of the gate with an LLC instead of his own name which I would bet most banks would be unwilling to do with what seems to be @Jonathan Onny's first rental property.Let me know if I'm missing something, but I just didn't want someone to misunderstand and think that this was an open and shut answer.