There’s a lot of misinformation out there, particularly around VA loan assumptions—one common misconception is that you have to be a veteran to assume a VA loan, which isn’t true!

Hi Daniel,Your challenge is common in today’s market.

Problem: Alignment - this is hands down the most common mistake that I see.

Quote from @Steven Stanimirovic: Hi Rich,The prepayment penalties you’ve encountered are quite standard with DSCR loans, as lenders often structure these penalties (commonly called "step-down prepayment penalties") to offset the risk of early loan payoff.

Flipping properties, commonly called “wholesaling” can be done ethically, legally and successfully.  

I will often go against the common investor thought and defend my position based on my experiences.

This is common throughout Southern ME, not just Biddo/Saco.

It’s clear you’ve put thought into your investment, and the challenges you’re facing are common for many first-time investors.

I work with tons of investors, both local and out of state and 1 very common problem I see that is holding new investors back from getting a deal is 1 simple thing... getting stuck on the list price.

Quote from @Sarah Kensinger: In some properties we might stash some under the bathroom sink in case a guest forgot theirs, but it's not something common we do.