When you use the term like "flipping" it generally puts a red flag on the exchange.

(PA)4BR / 2Ba 1568ft2 available jun 24house ( No banks, No red tape, No hassle)IF I owner financed a home to you that is in very good condition that is a:4 Bedroom2 Full bathroom square footage is 1568for $53k with 7k down that would leave a balance of 46k that would be OWNER FINANCED to you @ 10.5% for 240 months Your monthly payment would be $459.25HOA FEES: $108.33 per monthProperty Taxes: $361.18 per monthHome insurance. $50 per monthPrinciple and interest $459.25Taxes, insurance hoa fees $580.49 for a total per month of $1100

You may want to hover over the Forums tab ... click Forum Categories.... then scroll all the way down to "Local Real Estate" in Black bold letters...

Glad I came and took a second look around.Skip down to the bold-type words if you want the tl;dr version...Anyway, I'm Cory.  

Be aware of common "red flags" that may indicate a problem tenant.

If the deal doesn't work, then negotiate.Sorry about all the bold comments, I did not know how else to separate my comments from your questions.

I wanted to ask some advice from other investors and mortgage pros on BP on how to better manage the mortgage process as an investor.I ended up trying - what I thought would have been - two relatively simple refinance...

Is this a big red flag?

I saw red flags, but now I'm putting the breaks on.

It doesn't matter if you are young or old, totally new or need to build upon your experience.Yes, you have just announced a commitment to the thousands in this community about your seriousness regarding REI and have taken this bold step to affirm it.Your time on this site and with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.You are here at the Forum, but, should raise your mouse to the top and explore the otherheadings displayed.Don't get overwhelmed by the massive amount of data archived on this site.Simply, bone up on the areas that you need to expand knowledge in such as, Forums,Marketplace, Learn, Network, Analyze, Resources.Feast on the Podcasts, #askbp Podcasts, blogs, webinars and the myriad of bookrecommendations.Also, you can review the quick links below to help solidify your grip on this site. http://www.biggerpockets.com/starthere http://www.biggerpockets.com/ubg http://www.biggerpockets.com/meet Setting up Keyword Alerts How to Use @Mentions on BiggerPockets 25 Tips for Real Estate SuccessAfter becoming more knowledgeable and confident because of my above suggestions, take action to snag your first real estate investment deal if new or add to your existing holdings if you have prior experience.Don't get caught up in analysis paralysis.You must immerse yourself in the RE marketplace locally in your neighborhood or afar if the situation warrants it.Take calculated risks if needed and you shall be rewarded!"