But navigating all of their red tape got me into a really great property with a really low rate so it was certainly worth it.

I have heard there is a lot of red tape with the 203k process on the lending side.

I'll tell you up front, the "out of town" demand for Charlotte is red hot right now, and they don't have time for investors who don't know what they want, or want something unrealistic.

There are inspections that you must pass to qualify, and there is often a ton of red tape.

That's always a red flag to me as I feel I'm on the other side of someones flip.   

Question 3: Areas outside LA I have been looking at Riverside, Redding and Sacramento and these areas seem to have potential.

Curious whether there is still opportunity to enter this space or if the lack of posts is a red flag that opportunities have dried up?

Am I missing something, is there a red flag I'm not seeing?

I will be doing a few of them I don't want to be raising a red flag anywhere with banks.

as low as 5% down on 2-4 unit, lower mortgage insurance premium and no upfront insurance payment at closing, and it's a conventional loan so stronger offer and less red tape than the FHA.