This is how it is supposed to be handled but some lenders have overlays or loan officers are not aware of the actual guide lines or rules depending on their organization or who they are selling the loan to in the correspondence channel.I have come accross this several times you simply make the underwriter aware and in some cases the agents and appraiser are informed as well in case there is a need for an outside LOE letter of explanation. 

The profit center is the coaching program.- Perhaps, once in a blue moon, with a particularly popular “student” or screaming good deal, the mentor actually uses the funds in the account to purchase a property.Do have outright Fraud?

Lesson learned that location is always no.1 factor and quality of renovation is the momentum of it and those two the most profitable combination.

I'm always looking for ways to offer the best to my clients because I understand that cleanliness and organization play a significant role in the property's appearance, future returns, and client referrals.

On average, the profits from such a strategy might be higher in Boulder than all but a select few markets in the country (maybe certain parts of SoCal offer slightly better opportunities?). 

Change your story each month as different stories will resonate with different people AND use each story to emphasize one of your “who do you know…” questions.As you start closing deals, you will need to reinvest your profits into mailing lists and other scalable activities to grow your business.One last thing – we recommended you create a Status column on your spreadsheet, now we’ll explain why.

If you could turn one home worth 120k into two homes worth 200k apiece (albeit with loans on them), you'll be setting yourself for more rental profits and more net worth via appreciation by being in a better area.Maybe jump down to crete where you can get some smaller homes in move condition around that 200k mark and the rents are really strong there and the better area will give you more appreciation over time.   

Once you've done that, you'll want to take your Articles of Organization from WY, your registration in FL, and your IRS SS-4 form, which is the letter you got when you got your EIN number when you first started.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $285,000

Cash invested: $40,000

purchase Price $285k
Renovation Cost $40k (on budget)
Renovation Time: 41 days
ARV...

The P/L is just that, it shows all profit, and loss (expenses.)