This all goes much deeper than the three inches below the surface where inexperienced real estate operators/investors frolic along with W.

It looks like this is a loan to an investor but if the borrower were an owner occupant the inexperienced lender would be subject to legal and regulatory risks that they don't even know exist.

Hello BP,After beginning my buy and hold investing strategy a little over a year ago, I am just starting to realize some of the problems and pitfalls that I was too careless or inexperienced to even think of.    

its sad to say but i wouldn't recommend anybody i worked with, my broker seemed inexperienced ( reason why i had to close 2 months after my offer was made, my realtor seemed ok, because i was inexperienced and didn't know any better, But looking back he didn't really do much for me, could have at least negotiated a home warranty, or lower emd deposit. majority of this deal went in the sellers favor.

Furthermore, it's actually possible to have more than one FHA loan under your name - however, it's only under extremely specific conditions, especially in the past two years or so, as the program is intended to be one-at-a-time.Hope that helps anyone curious about FHA specifically.Nick Its amazing how much bad information is given by inexperienced lenders.  

The only people getting 15-20% discount here are usually paying cash and/or waiving various contingencies (or dealing with an inexperienced seller).  

I know that breaking into real estate investing is going to be difficult as I was frustrated and discouraged after realizing how much I have to learn after attending the REIA meeting.I am young and inexperienced but I am determined to make real estate investing work for me.

Also during that time I hit up the auctions briefing meeting that a lot of brokers host and I was in a room with 30-40 with inexperienced Microsoft/tech who did not know what they were buying and would out bud each other.

I'd love to learn if this is something that successful investors do or if there are drawbacks to this approach that I am too inexperienced to see.

I'm likely too inexperienced to attract Private Money at this point and am currently renting so a HELOC is out.