Insurance red flags.  

This will give you insight into their financial health and stability.Look for any red flags, such as high debt levels or irregular financial practices.Understand Their Underwriting Process:Inquire about their underwriting criteria and process.

A beautiful home for someone else to treasure and some profit for my father and I at the end!

Testimonials are a huge red flag to me as they are difficult to verify and could be paid actors etc.

The property has an apartment on the top floor, a beauty salon on the main level, and an unfinished basement.

It turned out beautiful.

Requiring a wire is another red flag. #1 seems relatively normal

We didn't expect the fact that insurance should cover short term rentals but raises a red flag for lending during the 30-60 day period after closing where they make sure you're not using the home as a rental.

On the other hand if they are a sponsor that is experienced in stopping a skin in the game, that's a huge red flag for me.c) how open to scrutiny are they?

A wholesaler contacted me about this house they have under contract for $205,000 that they want to close on within a week for $220,000. The house is in my hometown, I'm very familiar with the area. The house is easily...