My flipping clients will often do that because the appraiser may not take it as a bedroom for financing purposes and buyers may see red flags if its an unpermitted bedroom.

Red flags?

Spoke to attorneys, way to many red flags.  

RegardsGiles DalrympleIn my personal opinion there were lots of red flags with Lane Kawaoka deals.

Some markets may not cash flow that well and I get that but to say that it's okay to be in the red for multiple years because you have underwritten the market and know values will go up sounds crazy to me.I have only done a few deals to this point so maybe I am missing something but I would love to hear your thoughts on heavily weighing appreciation as the decision to move forward with a deal even when negative cash flows are the most likely short-term situation. 

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.

That being said, a lot of my guests also were visiting to go to the mountains (or Red Rocks Amphitheater for a show), so it isn't all about downtown, but Adams/Centennial would add another 15 minutes on a drive to the mountains. 

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

I don't know much about this, but it is my understanding the City of Jacksonville puts up a lot of red tape and there are a lot of hoops to go through. 

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.