![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/558632/small_1621492565-avatar-laraye.jpg?twic=v1/output=image&v=2)
27 September 2016 | 4 replies
I've learned the hard way that if you don't really understand what you're looking for, you'll just be more confused.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/356458/small_1621446339-avatar-ryland.jpg?twic=v1/output=image&v=2)
20 February 2020 | 14 replies
I told him they work if you work at it just like a marriage and you don't run out and take just anyone for a partner but look around and find that person that understands you and you understand them.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/242177/small_1621435654-avatar-pjnax.jpg?twic=v1/output=image&v=2)
26 September 2016 | 10 replies
If you are not doing it you do not understand the vast amount of information/protection it provides to your business.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/627664/small_1696800749-avatar-philk8.jpg?twic=v1/output=image&v=2)
27 September 2016 | 15 replies
They understand the market and are tough competitors.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/585768/small_1694574726-avatar-adrienneb.jpg?twic=v1/output=image&v=2)
26 September 2016 | 14 replies
Considering I'm basically brand new to REI, if I were to NEVER question or pursue options I don't already understand, I'd NEVER get anything done.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/543858/small_1621492193-avatar-darrinc3.jpg?twic=v1/output=image&v=2)
26 September 2016 | 2 replies
Sorry alot of these other investors don't understand construction side of things cuz they get over their heads isn't fair to the one who's doing the work when they run out of money cuz they haven't dealt with anything of the sort & I'm tired of filing paper work over breech of contract it's old.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/421571/small_1621450803-avatar-peterc27.jpg?twic=v1/output=image&v=2)
4 October 2016 | 5 replies
As of this year, my understanding is that the premium applies for the life of the loan, not just the first 20% of principle.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/184917/small_1621431710-avatar-multicollector.jpg?twic=v1/output=image&v=2)
26 September 2016 | 4 replies
They were a real PITA but the Dept of Health was very understanding.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/514356/small_1695075383-avatar-jimc52.jpg?twic=v1/output=image&v=2)
27 September 2016 | 8 replies
Odds are there is deferred maintenance that you will need to account for.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/305339/small_1621443091-avatar-milesstanleype.jpg?twic=v1/output=image&v=2)
14 January 2018 | 19 replies
The APY rate they charge is about 8.9% (which i understand is similar to private money rates ±).