Foundations go wonky in TX so it isn't as much of a red flag as it would be in other parts of the country, but make sure you know what it would cost to fix.

Red flags galore in my opinion.

Red numbers melt the snowball :) 

I suppose it may create a new red tape event for the lender but they will proceed.

All throughout the purchase process, the Turnkey provider and my contact at the PM firm I decided to use were great and no red flags popped up (although I probably wouldn't have been able to spot them anyway!).

It is a red flag at this point.3.

Two big red flags.1) low minimum is a sign that sponsor is desperate with getting investors in.

My preliminary research came at no surprise to notice that it appears the entire state, much like the rest of the country, but perhaps more so is red hot for quick contracts.

First, some general tips for you on red flags to watch out for:- Asking for a large loan application fee or other fees upfront- Unusually low interest rates for a hard money/private lender (real hard money/private lenders aren’t loaning money at 4-5% but fake ones usually advertise those rates)- Email communications with really bad English/grammar indicating the sender might be from out of the country- Claiming they loan nationwide in all 50 states (most non-bank, hard money/private lenders operate in only certain states and don’t lend nationwide)- Claiming they can do loans from $5,000 to $50 million (most lenders that will loan you $5,000 can’t do a loan for $50 million, and most lenders that can do a loan for $50 million aren’t going to bother doing a loan for $5,000)- Offering to send you a photo of their drivers license (fake lenders tend do this to convince you they’re legit but I guarantee you it’s not their license they’re showing you and a real lender would never do this)- Not caring about your qualifications or the merits of the deal (basically willing to “approve” you no matter what you bring to them since they know they’ll never actually fund it)- Terms that seem just way too good to be trueThat’s just a few things to watch out for.

With supply being in the red across the Austin-Round Rock MSA, supply in peripheral cities is being uncovered and made available to purchase.