Jason,You are correct that the show occassionally profiles some very talented flippers!

You are correct.

So like I said before I would have to agree with all cash and tell you to take the route with no PMI.

Why would it even be necessary for people to look for “red flags” if things were done correctly?

Well there are many things you can do at this point but the way you put it I would imagine that the property is an NOS property correct?

Crazy uh, all because I had a greedy loan officer that led me on, but you live and you learn.I corrected my investing habits and now I'm wholesaling for a living to build my cash reserve up to start rehabbing.

I'll be popping into the finance sections to see what's going on and if there's anything I can add.From your post I would assume that you are a finance expert correct?

I'm about to start another deal tomorrow that may be a push, so we'll see.I have spoken to some others, including Fiserv (jerky responses to my questions on the phone, never responded with the requested info), Guidiant Financial (responsive and informative, would probably use them if I wanted to go the checkbook control LLC route), Entrust (seemed OK, but not radically better than Sterling and higher fees) and a couple of others.

If I have understood my accountant correctly, your holdings are treated the same whether held/sold in an LLC or personally.

Assuming that is correct a foreclosure is a judicial action so there should court records that are mostly public.Speculating...I suspect a deal was done for the note or the auction was called off by the lender.