If you have some discrepancies about a business partner, maybe do a few smaller deals with them and see if those pan out. other wise keep it to yourself and make your own money. 

If you lose the house and find out someone got the work done for $60,000, would you be unhappy that there was a $40,000 discrepancy between the off the cuff budget you got and the actual costs?

Any idea why there is such a discrepancy between the two numbers?

My sole point in pointing out the discrepancy is so that some newby does not assume that rent greater than PITI implies positive cash flow.  

If there are discrepancies clients tend to feel uneasy and decide not to re-invest.   

This may vary by state and be what is accounting for the discrepancy here.

Here we have the nice correlation of Mortgage rates and % Median income, but there is some discrepancy.

If a discrepancy exists, point it out, don't throw out what you think the $ adjustment warrants.2.

Above all, don't facilitate note transactions that you are not taking an equal share in, like buying half the note with another qualified investor or a licensed broker.Frankly, I doubt any note "investor" dealer is fully compliant, I say that because I never went into a bank examination where a bank was at 100%, fully compliant operating in all areas without any mention of discrepancies, so if a bank can't do it I have no idea how small note operators could accomplish it......not unless they have a compliance officer or firm employed.

Obviously there’s a big discrepancy between what a home in St.