@ lawrence taylor One thing to consider when you are at these REI events is that many people who seem like they are "making it rain" with marketing or picking up properties, exaggerate what they're doing, how much they have and what they've done.

(Believe me, this is not an exaggeration, the internet is that big. ) And if they did know, how will they find it? 

I think too, what you're speaking of is maturity and simply being business savvy enough to understand the difference between hype, exaggerations, fluff, puffing and reality.

All be it, the actors are terrible, but they are just actors playing out very real exaggerated scenarios.

Ugh, yes the requirements to get funded are over exaggerated. 2 bids is more then enough.

There's an increased risk (not a guarantee, just an increase) that they'll cover something up, exaggerate performance, etc.

I have a lot of problems with lenders that are not based in ohio or local in regards to getting appraisals ordered or them exaggerating the condition of the property and making a laundry list of items subject to because they are not familiar with the market.

I'm sure he is exaggerating income.

It sounds to me like it the issue is exaggerated.2. 

I.e. gross exaggeration of qualifications, missing paperwork (this could sometimes be intentional), vague responses to important questions5.