All they ask for is your last two months bank statements.

Hi Jayce, we got the seller to carry back the portion of the down payment and the bank to finance the 1st position on the rest.

They should pay just like someone on a regular lease pays - cash or equivalent into your bank account. 

@Hank Bank where are you located?

.: Property managers, how do you collect rent from tenants, keep your management fee, and send the remainder to the owner without it reflecting as if you received the full rental income in your bank account?

Do you think this issue is specific to banking services or what do you think is the root cause?

Banks and attorneys use it for skiptracing so, it would probably be good for you too.

He is looking at a group of investors like myself to bring 25% of the project value and then procure a bank loan for the remaining 75%.

At it's basic level:Assumption: Asking the bank to turn the loan over to you and going through the normal underwriting process, credit, income, DTI ratio etc SubTo: Taking over the loan without telling the bank, no underwriting, no credit check, no income verificationBoth have risks, but it's not my intent to be detailed in this post.

Its not often that the sales person is also very good at management.