Instead of them performing a general assessment which is cheaper they chose to do an inspection which is more invasive and discovered that the porch needed to be scraped and repainted which was something that was never addressed in their general walkthrough and inspection of the home after the renovations and incurring more costs. 

Others may leave off various fees that aren't discovered until closing.

NO lender is going to send you copy of their bank account.. they might have to prove up to a seller or the sellers agent but never send it to you right out of the gate.. and all the other things you discovered its just an off shore scammer trying to scam those that dont know what they dont know.

Many of you may relate to this feeling even when we think we can do everything and discover that is not the case.What I have learned is this:1.

Hard money and private money loans can ultimately feel like high-stakes games, but if you have the appropriate plan in place and add a little comedy to the mix, you'll discover that the trip was well worth it in the end.

I've always been drawn to RE and having discovered BP on Youtube and found my way to the podcasts, I feel like Scrat (saber-tooth squirrel) and his acorn.  

I was also thinking about a real estate course but as per my understanding, I wouldn't be able to be licensed because I'm still not living there, so my plan is to wait a bit more to enroll in a course to make sure I'll have all my documents ready first (apparently after the completion of the course, I will have no more then 6 months to do the exam to get licensed).Sorry for the long post (and maybe some grammar mistake) and thanks in advance to everyone :)Chiara Hi Chiara,Her course does teach you her way of analyzing properties and local trends by zipcode, but what I discovered after meeting local investors is that everyone has their own way of analyzing properties and their own interests in the different neighborhoods.

They will make cheap/easy fixes or they will discover your specific problem isn't covered by the warranty and you'll have to pay for repair/replacement anyway.Most property managers will not manage a home with a warranty because of the rejections, delays, and poor work. 

There’s nothing worse than a lender that over promises and then can’t deliver (sometimes they don’t even review your file before giving you the pre-approval letter and assuring you that all is well, charge you for the appraisal and let you go through inspection and pay for that out of pocket too, then their underwriters get involved and discover some reason they can’t process the loan leaving you high and dry).

When we discover we have made a mistake, we reach out immediately and we hold ourselves accountable regardless of costs, we also expect the same of our customers and industry peers.