Obviously, he'll be upside down on LTV but they're ok with it because they can't get traditional financing and I don't want to sell for $185 (minus RE commissions).Any red flags with buyer being immediately upside down?

And the IRS is aware of this and considers it legal.Some news articleshttp://www.forbes.com/sites/ashleaebeling/2012/01/20/the-serial-backdoor-roth-a-tax-free-retirement-kitty/http://online.wsj.com/article/SB10001424052702304072004577325551162426954.html"The Internal Revenue Service hasn't raised any red flags on backdoor Roths that are properly reported on form 8606.

Bryan: Lenders are on the look out for a "pattern of flipping" as they think it's a red flag for possible loan fraud.

But here goes:To me - being cash-poor is a red flag.

I flagged it.

If that did happen, would it trigger red flags?

A late paying rentersends up a red flag.

I am a big fan of threatening a BBB Complaint, which seems to create movement at levels above the loan officer, as that can be a huge red flag for higher ups at the main office.

Flipping without adding value is always a red flag, or a grey area, at least.

The insurance company actually sent someone out to look at the place and flagged them as an issue.