One of the biggest misconceptions here on BP is that it is always possible for any new investor to BRRR and get every dime back through a refinance.

Without getting into too much detail, the most prevalent misconception lies in the concept of the discount rate.

Big misconception. 

(It’s a misconception that the seller pays this fee; it comes out of the money paid by the buyer and is built into the price of the home!)

The misconceptions and mis information about what an appraisal is and what the appraiser does are mind blowing to this appraiser.

There were some misconceptions. 

Nhi,I don’t think you will get a lot of responses on this thread unfortunately given the misconception about our market being too expensive, and folks just take their hard earned money and squander it with OOS investing. 

That's a huge misconception frequently discussed on these forums.

He said that NNN us even better and powerful, and he'll bring in the deal details of a number he did.One of the misconceptions if long term NNN leases only applies to commercial real estate.

It was simply an easier entry point however, those barriers were only early investor misconceptions.