Wade Garrett
Is This Credit History Too Much of a Red Flag?
I have had a couple apply to live in my 1BR. They are an engaged couple in their 50's. After I met them I wanted to rent to them. The apartment rents for $1,150/month. He makes $86k a year, has a credit score of 720+....
Darian Robbins
Types of Liens and red flags to look out for.
My local Sheriff sale is offering a property within my budget for the total amount of unpaid taxes for the property. I did a records search on the home and found that the owners were issued a mortgage for the property...
Kevin Longeuay
Are these red flags or just first time buyer jitters?
I'm looking at purchasing a condo from a turnkey company in Indianapolis and it looks good on paper but wanted to check with you folks.Here are the numbers:Price: $65kRent: $1075 (2bd 1.5 bath)Expenses (PITI, PM, HOA)...
Dave W.
potential mentor--what red flags should I look out for?
A couple of weeks ago, I was at a local car wash waiting for my truck, & I called a mortgage broker about some info I sent him to get pre-qualified for a loan. A man standing nearby overheard part of my conversati...
Alin Toncz
Need help with an investors name; too many red flags
Hi,
I'm Alin. I was perusing FB to see what investor profiles I can get to connect with. Finally, I connected with this lady out of Palm Bay, FL & Poplar Creek, Missouri. She said she'll get me 100% financing for...
Gary B.
Section 8 tenants - any red flags with Trump proposed changes
Next year Trump is changing laws on Section 8, would this mean that your current tenants might become not illegible and you face potential evictions. Any difference how these laws will be implemented between states ?I...
George P.
Being flagged as a 'Dealer' by IRS - for this strategy?
Business entity - one member LLC
Strategy: contract assignment and contract assignment with short-term (one year or less) financing provided by the entity to the end buyer/rehabber.
...
Jay Shah
Seller not providing a CO - is that a red flag?
Hi everyone,Looking to put in an all cash offer on a SFH in Bethleham (Lehigh Valley) but the seller is not providing a CO. I am hoping the inspection will tell me if there are any bigger issues but is there anything ...
William Coet
Tenant Tore Down Other Tenants American Flag Tossed On Ground
It is a shared entrance and one of the tenants displayed the flag. The other tore it down and threw it on the ground. Tenant whose flag it is complained. What to do?
Michelle S.
Some red flags to watch out when purchasing a house
I was in the middle of closing a deal and found out the title has some issue. Thanks BP family's help and advice. I want to summarize some red flags to watch out when you are buying a house (also I want to record this...