Inexperienced investors tend to (1) get exited about deals without having the experience, knowledge or ability to properly determine if indeed the deal is good, bad or mediocre, (2) take what the seller says as gospel not realizing most sellers will exaggerate, lie and or withhold vital information to get what they want, (3) engage people who will provide opinions for free rather than pay a competent professional, (4) get emotionally caught up in the deal and very defensive when receiving an opinion or information that doesn’t support their dream, and rationalize that more experienced people who point out flaws are “jealous, negative or haters”.Btw, no one can provide any knowledgeable answers to your questions without first analyzing the deal, your ability to come up with a down payment, your credit capacity and banking relations, if you have a track record, your experience with similar property ownership, etc.

First, a tiny housekeeping note: I realize that auto-correct is terrible for making us say things we don't mean, and too I confess my own inability to properly edit my own writing (I read what I think I type, not what I actually type!). 

This was a long term hold where at sale the apartments where rented for $1,100 for the second floor unit and $1,500 for the first floor.We decided to sell after realizing what sale price the market would support and moving our investment to another learning challenge.

It's not hard to find hard money lenders, the problem is most new investors don't realize what differentiates them.

We run into payoffs coming in high, liens seller didn't know about, others on title that seller didn't realize/mention, stuff like that.  

I realize I just listed it a week ago, so I need to have patience.

I didn't realize I had become a real estate investor when I bought the abandoned house across the street and renovated it with plans to rent — I really I just wanted to save the charming 1940s cottage. 

You done want to sell a property and pay capital gains and then realize that it could have been avoided after the damage has been done. 

Purchase price: $325,000 Cash invested: $2,510 Sale price: $327,000 Stumbled into this one without even realizing I was "wholesaling" until later.

I recently went into contract on a property and my lender is saying that if I realize any income I have to use the investment property loan.