NonQM loans aren't as regimented as conventional/govt, but the investors are much less likely to budge when there are red flags, such as a significant difference between two appraisals.

And for a seasoned developer to insist on cutting out the GC would be a red flag. 

Some students rave about their guru, some come and complain about how they got ripped off.There are a few patterns that raise yellow and/or red flags that we want to call out that are concerning, and we think community members should be skeptical about when deciding whether to spend thousands of dollars (sometimes tens of thousands of dollars) on guru training.6 Signs Your Real Estate ‘Guru’ Might Be a Rip-Off:1.

I know that the appraisal may work to my advantage as well if they flag it.

Our security protocols have flagged these items for fraudulent activity.

Huge red flag. 

Your tenant doesn't want to pay by the first, so that's a red flag.

Don't answer/engage if they are repeately bothering you, which is another red flag and negative on our scoring system. 

Second, the neighbors accusations mean little to me except as a red flag to look into something.

I'm going to go with the other posters who bring up the red flags about them and assume they may not be legit.