All renovation loans will cost a little more, but worse than that, you have to go through the red tape with the bank, which can feel a bit cumbersome ... you have to ask for permission to change your plans, and you are supposed to wait for their approval, etc. etc.  

The big red flag that caught my attention was the return of "$0 down" and "as low as 550 score" mortgages. 

Look up some design tips - deviantART, etc -  find a cool and bold logo, and pay a freelancer to provide a plate-ready PDF for you.

@Edward ThorntonHarrisburg LIMG meets 4th Thursday (Today) at Red Lion Inn formerly Holiday Inn Lindle Road.Camp Hill CARPOA meets 1st Thursday at Camp Hill Giant 2nd floorYork meets 4th Tuesday at Yorktown Hotel, where I am speaking on Oct 27.Lancaster REIMG meets 3rd Thursday at Lancaster Bible Collegeall meeting at 7PM 

Being that this is going to be non-arms length, it would raise all sorts of red flag.Your situation is in a bit of grey area.

@Ivan Lopez the main difference with hard/private money is that there isn't nearly as much red tape to deal with once you find the deal (provided you've gotten a pre-approval).

In fact, after about six months, nobody cared.Good luck and be bold.

If this individual cannot, or will not provide a proof of funds such as an account statement, this could be a red flag.

Prepaid rent is a red flag. 

If they are in a rush it's a red flag.