As the above paragraph says they assume you may have UNINTENTIONALLY discriminated, so the burden of proof is largely on your shoulders. 

[I think someone else provided an example of this case earlier]-Now provided you do qualify for purchasing a house (4 units or less), you will have no problem qualifying for a mortgage with a Schedule 1 bank as long as you provide the down payment (35% minimum of purchase price) and confirm proof of fund and the source of it- On the proof and source of funds, the banks would want to see an income enough to cover the mortgage payment and other expenses. and in some cases, they would want to make sure they know how you're going to cover your expenses (housing, heating, etc..) where you live.This is usually where it gets annoying for some folks but if you can satisfy this, you should be able to qualify for a mortgage just likely any Canadian tax resident, albeit you will pay a little more in terms of interest rate, etc.

Its all a cycle. 

Glad we are exiting and not entering the investment cycle at present 

While institutional lenders would probably need a number years proof of collections before considering the income from the wrap, private lenders, such as myself would look upon the situation more favorably.  

I will be a 1st time home buyer , when getting a loan from a bank how do i show them proof of income from my 1099 form/s.

I'd ask for vet documentation for proof pet has received all state required vaccines.

THEIR WORK TRUCK FALLING APART.YOU CAN CONTACT ME AT ANY TIME TO SHOW PROOF OF EVERYTHING I SAID AS IM TRYING TO GET OUT OF MY LAST MONTH BUT THE CHARGE TO BREAK IT IS TWO MONTHS RENT.

However, if you can profit $1K/month off of that property and cycle that cash flow back into something that makes the same return as your boring 401K, that will net you another $1.8M in 30 years, pushing you well over $3M.

When you are going through the approval process- we do request liquidity or proof of funds.