5 Mistakes New Investors Make When Financing Their First Deal

[Michael Santeusanio]

I see many first-time investors run into the same financing pitfalls:

1. Not getting pre-qualified before making offers

2. Underestimating rehab costs

3. Overestimating ARV

4. Choosing the wrong loan term for their exit strategy

5. Forgetting about holding costs
   What’s one financing mistake you wish you could go back and avoid?