If there are large deposits the underwriter will ask for a signed letter of explanation from the borrower along with supporting documents.

We’re always happy to help and support others in their real estate journey.

Our personal lives have been supported by our 9 to 5 gigs.Initially, every penny we made went into purchasing homes on our own, so a third of our portfolio was never under a mortgage to begin with. 

I appreciate all your support.

It seems like a DSCR loan would be a better option to qualify for a higher-priced deal if AirDNA supports it. 

Apply the same requirements and count the support they receive as income for them.

I'm sure if you reach out to their support team they will get back with a helpful solution.

I see that you are an actual company now and you obviously have a fairly good customer support/response team!

I should add so many agents here, are gonna tell you this ******** about renting being a waste, but it’s literally cheaper by in some cases thousands a month when factoring in repairs, you can put excess savings into index funds etc. every single friend I have all of whom are pretty fiscally savvy have made the same calculation, I even have a good friend who is trying to sell his condo to rent because his monthly expenses will decrease when he sells his condo & he can be in a better area.

I would greatly appreciate any support or connections that could help me get started.