This is due to their misunderstanding of the law which states that a TX homeowner may not close on a HELOC or home equity product within 1 year of closing a previous home equity product. 

You can misunderstand what he says, misread body language, miscommunicate, etc.The only way I know is to really screen them up front.

"fell off the boat"  : )@Bruce GardnerI think a lot of the disparity in perception of CPA value comes from 180 degree misunderstanding. 

I may be misunderstanding.

My wife and I are first time home buyers so I feel like we're misunderstanding something.

This is due to their misunderstanding of the law which states that a TX homeowner may not close on a HELOC or home equity product within 1 year of closing a previous home equity product.

I see 2-15 unit properties cash flowing well even at 75% LTV all the time but maybe I'm misunderstanding what "free cash flow" is.

Please, feel free to ask me any questions or clarify any misunderstandings for you.Thank you for reading,Raquel Blue

Other questions folks might ask you is, whether it's just porches and common walkways, or also the parking area, also sidewalks, etc.I only say this because I've had "misunderstandings" a few times over the years about exactly which snow was going to be removed :-/

There are always things that come up on a job that need to be figured out and discussed and someone who is not knowledgeable about construction listening in, can take things out of context or misunderstand what's happening.