Hi Jose, I first heard about Backflip a few weeks ago, and I haven't run into anyone who has funded a loan with them yet.

Also if you burn a seller/broker, its a much smaller world in CRE, you will be hard pressed to get another deal.I did a longer video on the topic!

I actually made a whole video about this over on my YouTube channel Tech Savvy Landlord :) 

We had one tenant who locked herself out twice in the same week who does that?

The problem with a cash offer using hard money is it still has to go through their underwriting and there is a 3 week turn-around, so the deal would fall through if something didn’t work out.

Otherwise taking detailed videos and pictures for the contractor to get a good idea of budget should be sufficient to get a realistic budget. 

Life happens and people get busy or someone gets sick, so it may not be a red flag that they took a week, but it shouldn't happen again and again.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

We are closing on our first rental next week and have been looking for a CPA to help with the tax filing.  

I have 2 girls and just found out this week we are expecting another one.