Need $176,000 in 2 days, if group acquire all of the funds they will receive 20% in interest of the money loaned.Payout scenariosPayout is given once they take ownership of the property and money is then taken from the renovation to pay back to them.The property can be sold to a wholesaler.I see a lot of red flags and I declined but want to hear what BP though.

Another red flag would be if this second property was in the backyard or something awkward to access. 

Typically, I have a very stubborn personality and red tape has never bothered me. 

Also, if a person can demonstrate sufficient education or job experience showing his professional knowledge of unregistered securities, he too can qualify to be considered an accredited investor.I added the bold and italic.I have found the Investopedia site pretty good in the past.

Red Roof guys are Spartan invest you will have a very difficult time beating them to the wholesale deals.. 

If my offer is accepted, I'll definitely be digging through the HOA documents for any red flags.I'm doing my own research and plan to talk to a lender, but maybe you can explain what makes a condo warrantable vs non-warrantable?

My red flag comes out when they are marked up perhaps by 50% which seems to be the norm. 

Hi Guys,I purchased my first property in Red school district in Delaware which turned out good.

Less red tape, lower PMI that you don't have to refi out of, much better product. 

But, it’s a red flag that they charged you for something that was clearly the tenants fault and I would have a conversation with them about that.