I had 5 closing dates if not more and when the final date got close( April 14th) the mortgage company called me and let mi know that this property can not be finances by conventional loan(cash only or some different kind of loan with high  interest rate) so i drop the deal.they send me my deposit today.but i also  noticed that i heave been charged appraisal charge of $440.I understand that the appraisal  company done its job and get paid for it, but why i have to pay for somebody's mistake!

This is also true for couples - never make the mistake of assuming that a couple (especially if they are not married) is on the same page, financially. 

If this truly is your first time with an investment, I personally would rather make a mistake on something smaller and learn what not to do for the next one.

There are so many potential mistakes you'll make getting started that the losses will far outweigh the gains.  

Most agents find that Re/Max has the best solution for experience agents and still great resources...I started with a small boutique brokerage, and got 0 training and I floundered for 6 months before I started to really get how it all worked...don't make the same mistake I did - in retrospect, I wasted time and lost deals because of it.

Some buyer just change the front door but I think it is a mistake.

I've read a lot and studied a lot to know that this real estate business is not easy and you can make a lot of mistakes if your numbers are not accurate.  

But maybe I am mistaking.  

@conner @Conner SmallwoodWelcome to BP Dayton is an excellent buy and hold market and one of the most affordable places to live and invest.You will avoid many mistakes if you research this site .

It's generally more cost effective to have an accountant do it right the first time.Common mistakes:  Not breaking the mortgage payment into PITI.