Foreclosure is a red flag.3.

HI Richard,The foundational core of his success is not going to be can he take 360 pics, it is going to be can he successfully close enough prospects every month to make his time worth it.He will need to come to terms with the fact that he will need to be a salesman first and camera setup guy second, and a Government Red Tape (record keeping) slave third.Without being able to Close Prospects as a Salesman, he will not succeed in the business.Good Luck!

@Caleb HeimsothYep I am in the red on this one and others he manages.

There are way too many variables and red flags all around it. 

Just finished Audible "Rich Dad Poor Dad", "Fake" and moving on to "Guide to Investing " then " Cash Flow Quandrant"Highly recommend "Fake", where he pieced together quite a few alarming red flags I noticed/observed.

As great as that would be for your billable hours, that's not how life works.You'll get your final ruling when someone decides that you screwed their Grandma out of her equity in a wholesale deal and hauls you in front of a judge.In that case, good luck to you and the Red Sox. 

I agree strongly with your statement in bold. 

But nobody is going to roll out the red carpet for you, and if they do, they are selling you something.

It's kind of ridiculous and laughable, or incredibly bold if intentional, for the company to include such a contradictory statement immediately following the required Texas disclosure.To recap:Company is currently operating as an unlicensed lender across multiple statesThey require an owner-occupied home to secure an equity line of credit for a consumerThey do not consider the borrower's Ability to Repay, which might violate federal lawTheir hybrid 'Construction HELOC' (my term) fails to meet several TX requirements:Requiring a Deed of Trust violates terms of TX consumer construction loansBorrower doesn't control money drawn from the LOC, which violates TX requirement: "The owner requests advances, repays money, and reborrows money."

I saw a property on red fin that I was interested in getting more info on, and I am agent from red fin reached out and is sending me info on properties as they come up.