Do not believe it to be true.

I’m hearing a lot of voices, personally I don’t believe this is true.  

I've found the mantra of "there are no bad dogs, there are just bad dog owners" to be very true in every case.I've discovered that it's hard to find residences that will rent out to many of these breeds, as seen here, so it can actually be a lucrative offering to charge more since you are one of few that will allow it.I plan to charge an up-front fee of $350 and then $100/month increase in rent if total pets are larger than 50lbs.I will only do breed restrictions if my insurance requires it.For those of you that do pet limits, what does it apply to?

If you are looking to fund your first deal often times there are other alternative ways to find funding for your first deal as the majority of your first year payments on a whole life insurance policy goes towards the cost of insurance rather than the actual build up of cash value.Not true.

I know that the seller's agent is requiring a true construction loan to purchase the property.

If that's true, I would highly recommend building that reserve stockpile as fast as possible because even if this particular event goes smoothly, I can guarantee you at some point something is going to go horribly wrong and you are going to want to have the funds to cover whatever curveball you get thrown without needing to stress out about it. 

It seems too good to be true.

Now I understand why the borrowers like this but it did lead to many not having enough TRUE equity and DSCR to withstand a down turn so there is that .

My question to the group holds true irrelevant of the location. 2.

Simple answer is that you write a letter of explanation that is true and reasonable.