Michael,I am an Insurance Agency owner in Wisconsin.

You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.

And how do I go about getting a mentor/ or even taken seriously with lack of experience?

Here are some key red flags to watch for:🔴 Lack of experience: A borrower without a proven track record in real estate projects may struggle to navigate unexpected challenges.🔴 Overly optimistic projections: Unrealistic ARV (after-repair value) or underestimated rehab costs can signal poor planning—or worse, a lack of transparency.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.

Plus, a listing of all Federal agencies the posters can think of.  

In my limited experience, HML may not care too much about your credit but they will care about your, presumed, lack of experience.  

Lack of home sales?

When things go wrong the “passive investor is helpless to do anything about it; sure he can display his displeasure by emailing the “sponsor/manager”, complaining on BP or Facebook; report his frustration to a governmental agency.  

Banks are getting tighter and may have unperforming assets, so they are looking at their portfolios and becoming more picky, for lack of a better word.When the economy is ripping, banks loosen criteria.

The lack of knowledge can get you into trouble.