People fear the due-on-sale clause unnecessarily.  

It definitely rushed our decision unnecessarily... something that the book talks about at length, actually.

I realize each market is different however at first glance this seems unnecessarily high!

I hesitate to tell you how many hours that I have spent ingesting knowledge of real estate, but it that knowledge that gives you the edge.  

It’s unnecessarily complicated, any monthly payments you were required to make would be much higher, and frankly it’s just not how private/hard money loans are done.Also, if you were considering any sort of equity agreement, you have to ask yourself (and your lender) if they’re also willing to share in any loss should the deal end up losing money?

However, if I or anyone else can help a new investor, which I am one, not lose money unnecessarily that's one of the purposes of this site.  

They are in a beggar's position, so don't give away leverage unnecessarily through complexity.I've done this many times in a previous life.

(I am very tight on my budget, so having it vacant probably is what wanted to avoid if possible; but as I am a newbie investor, I don’t want myself get into hassle unnecessarily either)

I've been lurking around here for that past two weeks, but have ingested quite a bit of info (I love this site!).

Plus HomeUnion charges fees unnecessarily to work with them (plenty of companies out there do the same thing, and arguably better, and don't charge anything for it).