If they don't have provable reserves, we don't send them the Subject To.  

I believe (again, attorneys will hopefully either confirm or correct this) that once we signed a contract between me and Don, and that contract stipulates that from now on Don is making the payments - then Don is legally responsible.

As others noted, there is no limit to DSCR funding other than your ability to produce enough liquidity for down payments, closing costs, and the required reserves post-closing.

The loan is in process and through our financials and reserves we will achieve it.

They pay for themselves and put money in my pocket to build up a reserve for the next purchase.

I do send him the 1099M of course but that is it.Thanks for confirming it does double entry accounting.

This requires an independent appraisal valuing the property at $400k and proper documentation from the seller confirming the $200k donation.Ensure the church is a qualified 501(c)(3) entity, and consult your tax professional to comply with IRS rules.

With your $1,100 rent and the potential for an improved loan structure, it's worth reaching out to DSCR lenders who are flexible on reserves and leverage.Key Points:Highlight your strong FICO score and existing equity.If your DSCR ratio falls short, some lenders allow exceptions for high-FICO borrowers.

But my realtor said they are going to do special assessment on this property and HOA runs badly. ( We requested HOA reserve document but no answers. ) We wanted to wait to see how special assessment going and close. 

I have about $100k in capital reserves and can leverage the 2 properties for additional capital, as needed.