Investment Info:

Single-family residence fix & flip investment in Long Beach.

Purchase price: $379,000

Cash invested: $20,000

Sale price: $450,000

This was my first flip in California. I fou...

I am guessing that this amount is even lower if your lender is using the Schedule E expenses from your tax return instead of the 75% number.  

@Lynnette E.

Can you get a schedule E from the their tax return?

I like to suggest that if one has a certain guru they kind of like.. simply go on E bay and that guru's written materials and CDs will be for sale usually for 50 to 150 bucks.. so for maybe 500 to 1k you can get a huge amount of information.. then figure out what U like.. there is no super secrets in real estate most of it is pretty straight forward.. 

Or worked w/ Danny E.

That's fine, I understand expenses for the interim period are not deductible on Schedule E. 

Originally posted by @Regina E.

TenantCloud provides all 3 and includes e-signatures I believe. 

Ask to see schedule E to confirm numbers.