James Park
MySmartMove's Credit Rating?I just turned down a 790 w/ eviction
16 May 2016 | 18 replies
Almost 100% of legal evictions are due to non-payment, which is a big red flag.
Jerry Poon
Purchase Price and Appraisal Differences
4 March 2015 | 1 reply
This is a major, major red flag to me.
Corey Dutton
Top 3 Scams in Hard Money Loans
19 September 2016 | 30 replies
Is the lender reputable and do you get a good feeling based on any red flags that may have been thrown?
Greg Martin
10 Unit Apartment - Estimate numbers prior to offer or get full financials?
6 March 2015 | 6 replies
If the seller does not want to do that, it is a red flag.
Manolo D.
Use of Factoring Co
6 May 2015 | 16 replies
you may want to establish credit with a community bank that will give you a LOC to bridge the payment gaps.I funded a start up flagging companies a few years ago.. they had that issue..
Daniel Harnsberger
Transfer of Insurance when assuming a mortgage
30 November 2014 | 7 replies
The insurance switch can send up a red flag to the lender, but most here say the DOS clause is not something to worry about.
David A.
Do you disqualify a tenant with a criminal background?
18 July 2014 | 18 replies
I am screening a tenant but there are various red flags on the mysmartmove report.
Sam McClellan
How long until I need to move in with an FHA loan?
12 February 2014 | 11 replies
I can see if you make your payments very month with a check from a different address it might raise a red flag....also if it's units that might automatically trigger an inspection or follow up.
David L.
"Accidental Landlord" in Pasadena, MD (spin-off from Intro forum)
12 June 2013 | 2 replies
It would be impossible to wait until everything is at 100%.I need to research "what renters are looking for" in a house and at least focus my early efforts on that so there are no big red flags or sore thumbs sticking out.
David Neely
I turned it down
18 January 2016 | 10 replies
"A" wanted my to pay the balance on the house (providing the mortgage) with the following terms:1 year ballon7.43-ish % ($1500 per month as offered by "A")Analysis:So here's where I started to see red flags: 1) He wants to put 120k down on a 265k house at closing, and pay off the note in a year, but can't liquidate enough funds in the 4 months construction time to pay cash?