I asked if we can put on there 30/60 /90 days. something that is agreeable to both of us.He flat out refused ANY date, and that is such a huge red flag to me.

If it's likely your end-buyer will be using FHA financing, you probably want to be careful about buying with a double close, as the extra title transfer will be a red flag to FHA for 12 months after your purchase and will likely make it difficult for an end-buyer to get FHA financing.As far as no contingencies, this is pretty standard.

Are there any red flags or lessons on the larger flips that someone would share?

I thought about purchasing the property with cash but at closing placing it in a business associates LLC then selling it to myself under my name for $50K and use all of the incentive $ available from my job but I was told this would raise red flags due to a flipping law.

(I just don't answer them)Galvanized plumbingGate valvesToilet fill valves with the big float on an arm instead of the float that moves verticallySewer lines that are clogged with tree roots/tampons/butt wipesTenant applicants who want to tell you their life storyPeople on the phone who want to argue with you about how nice their pitbull isCopper thievesScreen doorsWood entry doorsTwo prong outletsPopcorn ceilingsPanelingFlorescent lightsOdors from pets/cigarettes/ghetto hygiene

I saw a few "red flags" with the first bank, which taught me the lesson to heed the warning signs!

It turned out tree roots had invaded the sewer line.

Plus it can offset his carrying costs while getting permits and other red tape taken care of before they can actually begin working.Would any of the tenants be interested in buying them?

But you must learn how to deal with this with a smile on your face, an up beat tone in your voice, and the goal of a positive resolution.80 percent occupancy is a possible red flag revealing some type of problems.

I wasn't sure about whether wholesaling off the MLS was realistic even if I could get it at a good price because of all the red tape.I'll just stick to finding deals directly from the sellers.Thanks Again.