Ryan Dunn
Unexpected Rate Increase on BRRRR Loan – Is This Normal?
10 December 2024 | 36 replies
It’s not typical for a lender to adjust the rate so late in the process without notifying you, even if there were issues flagged during inspections.
Jonathan Chan
Things to look for when vetting your potential borrower
26 November 2024 | 2 replies
What’s the biggest red flag you watch for when vetting borrowers?
Craig Salzer
Norada Capital Management notes
1 December 2024 | 68 replies
Two things stick out to me on this post - start at the beginning of this thread - definitely red flags were discussed two years prior.Second is it has been 90 days so I am curious if everyone got converted to equity and what has happened since ?
Nina Ning
An applicant with credit score of 770 but no proof of past rent payments
27 November 2024 | 8 replies
The fact that you can't get ahold of a landlord is a red flag.
Leo R.
Is anyone listing rentals on Craigslist in 2024?
3 December 2024 | 22 replies
Sure enough the new owner was not renting their newly acquired property.Since rents have sharply escalated over the last few years, a rental with too low rent is a red flag of possible fraud.I sold a property in 2014, for $30,000 over 10 years ago.
Kwok Wong
What to do when no sold comps?
1 December 2024 | 9 replies
Just from the little you wrote, it's pretty heavy on the red flags. 60 days on the market (depends where this is whether that is a lot or just fine, but definitely overpriced at this many days) plus no sold comps.
Stefano Grottoli
Cleveland Section 8 payments vs Available properties
25 November 2024 | 21 replies
However, when you look at the Affordable Housing website, only 4 out of 32 available properties that accepts voucher are listed by $1,550 or more.Is that maybe a red flag that there's no demand for Section 8 in Cleveland?
Bryan Price
Hard Money Loan Past Due (any red flags?!!!)
23 November 2024 | 7 replies
Hi All,
I signed a promissory note secured by a single family home that a real estate investor intended to flip. The real estate investor has advertised on this site, and continues to advertise joint ventures and pri...
Imdad Rahman
Section 8 Courses
28 November 2024 | 18 replies
You can't purchase the software stand-alone (red flag for someone with some experience).
Lewis Kerwin
Does this SFH warrant full interior repainting? And if so, is $3000 reasonable?
26 November 2024 | 9 replies
Or would this raise red flags for conflict of interest?