For every dollar deposited into a savings account, the bank can lend out a whole dollar.I've heard this same misconception (that banks can lend out 7 - 9x their deposits) from others.

What I see here are some misconceptions and great comments.

The most common misconception about real estate development is that the developer is the guy with the money.

There are a lot of misconceptions and some ignorance out there, so beware...

It's from the lack of experience in life and living in the "land of the free" (lol) that your misconceptions are seeded.

Well there are always 2 sides to every story.People will almost always slant their position.Most problems come from not doing upfront work.When you work with anybody in any capacity EXPECTATIONS from both sides have to be set upfront.Once you have the talk the broker will tell the buyer if they are being unrealistic or they do not want to take on that business.Once misconception out there is that brokers/agents are a dime a dozen.CRAPPY brokers/agents are a dime a dozen just like CRAPPY buyers/investors.Great brokers/agents are in high demand and sought after just like serious and realistic buyers/investors.You can't expect a serious broker/agent to SHOTGUN a bunch of low-ball offers expecting to take a ton of their time to hit PAY DIRT for you on a long shot.So all l am saying is for every nightmare broker/agent story I have 2 investor ones.As far as properties I always list the property or lock it up to assign.Some investors are trustworthy but many will stab you in the back and just want the deal.In GA if a buyer or seller try to go around me I can lien the property and stop the whole transaction from happening.This is commercial only not residential.I always test the sellers upfront before I list it.I always explain commission and how they can cancel at anytime but If I bring the buyer they owe a commission and I WILL lien the property.If they are an HONEST seller they sign the listing agreement.If they are out to screw someone they will balk at it.Digging out true intentions from both parties upfront keeps people from entering into bad relationships.

Global Warming and Climate Change are the same exact things, just with different names...again, names were changed due to the misconception that Global Warming was specifically induced by man-made processes, even though that wasn't inherent in most scientific discussions about the topic...So, how exactly is Climate Change a hoax?

Unfortunately like anything else, Lease Options are getting alot more competitive, and there is alot of misconceptions about them.

It's a complete misconception that the seller can't get money back.

The idea that some debt is good and some is bad is an insane misconception dreamed up by student loan enthusiasts.However, it sometimes makes sense to take on a liability if it allows you to purchase an asset that grows faster than that liability.