It is better to do a deal than skip one just because the dollar amount for financing is high.Good luck in your search and know that if the numbers make sense, you have made the right choice.ya know I would have agreed with this pre 08  but these days most HML want good credit  and proof of cash reserves and cash down.. for inexperienced first time type buyers they may not even do one.. unless you have massive down and cash backing you up.. it gets very easy when your have a nice track record.. but most HML are not little down crappy credit no provable income.  

Inexperienced first time flippers have lost their shirts because they didn't know what they were doing.Buy a MF rental, like a 2-4 unit.  

Again, no ones “track record” has anything to do with the price of tea in china.

Not saying he used an inexperienced broker, or a negligent one, or none at all, both he and his corp was sued for $3 million, but he had his S Corp covered for only $1 million but not for himself.

Or is this something the bank would see and out the kanish on it.Does any of that make sense or seem plausible or is that the pipedream of an inexperienced noob?

Hi everyone, young inexperienced guy looking to break into real estate investing.

This is probably not your cup of tea for now anyway so just move on to something easier.

The agent was either inexperienced in such matters or didn't know what was happening and based on my letter, the broker resolved the issue in my favor just by my stating the facts. 

@Jeremy Marek, you're absolutely right in that it was a bit of over-analysis on a small task, but for me it's also part of the education process as an inexperienced investor learning from others and how they handle the day-to-day operations. 

I’m inexperienced on interest rates and terms.