I have been active on the internet lately promoting some properties.I received an email asking if i needed use of funds and for what for from a direct internet connection.I responded with:Transactional funding use of funds for 24 hours or maybe up to 3 days maxRehab funding acquisition to disposition 6 months use maxLong term hold funding acquisition, rehab and paying back the loan with funding from tenant funding 10 years if acceptable.Odd things:1) Speaks broken English with complete American Name (Sounds Asian)2) Uses a google voice number3) Asks if i am married4) Calling me several times asking me the same questions that i had already answered.5) Gave terms but never said anything about approximate value of property that he would loan on ie 65% LTV 70% LTVTerms:10% down and 5% Interest from $50K to 1M send a copy of my license.

Basically the idea is to call your city and get a list of properties that the city has either had a call about code violations for nuisance or has other similar problems with the property, Big red flag the property is not being taken care of and may be sold for pennies on the dollar.

I'm finding it hard comparing deals and what not with all the american info on the site but its still helpfull non the less.its on the market for 87,000. taxes are 1000... im looking to buy and hold this place.. maybe even reno the basement hopefully make a bit of equity anyways.

If your calling every week now its a big red flag to me !!! 

I am not yet in contract on this property and no money has been exchanged, but I am seeing serious red flags…I am considering adding a contract contingency of results of County Review for Buildable Lot to ensure I can build on the land if do go to contract.  

Is there something that should raise a red flag?

If you try to do them all at one bank, that might raise a red flag. i.e.

Are you a German national or an American living in Germany?

So, a couple questions:1) What red flags does this raise in your mind?

some of property managers in Atlanta I will be interviewing are not a member of NARPM. What significance of this? Do you guys check if your pm is the member when you hire your pm?

At least in my market, pm h...