The app fee equals about 50% of the point fees they are going to take so red flag.You run into daisy chains where people are just affiliates of a lender and have no clue how to underwrite a property or loan.

What red-flags would you immediately start looking for to figure out why no one else has jumped in?

, a couple of red bricks are cracking on the front steps, some stumps in the front yard need to be removed from where they fell over from storms, HVAC unit is very old and needs replaced, and retaining wall around back of home has a couple of spots where it is cracking/eroding at the bottom.The questions I have are what are the next steps that I need to take to get financing/start the process of rehabbing the home?  

My current business makes money but my expenses put me at a loss on the tax returns.

Sounds like a win win to me. At

@Jay Hinrichs I agree, there is going to be lots of red tape.

Hi everyone,Quick intro/background on me and then I'll get to the meat of the post:  I'm a healthcare technology entrepreneur married to a real estate agent.  

   " I only buy for cash flow appreciation is just icing on the cake"that mentality has led many undercapitalized folks starting with their first rental house.. the banks may require some reserves when the loan is made then they do what most other red blooded Americans do and go buy stuff  LOL   not all but many. 

Hearing such comments from someone who has been investing for many years is a little disappointing, but does raise a red flag with me.

I excluded words that I thought would be included, I even clicked the little red trash icon to start over.