Just thinking of a few would be conventional will give up to 30yr term (pro), pmi if less than 20% down payment (con), longer to fund (con), more documentation (con).

On the second document, the lease agreement, 3B needs either owner or broker checked off and 6A says first months rent to be split between broker and tenants broker but #7 says they also get $225 to 3 different brokers.

just remembered a few other stuff:-the local HUD/section 8 may have classes for vendors/owners/landlords; may also have a website with all documents/criterias posted-may have excellence programs-inspection: will be more through if children, especially under 6 are in the house.

They provide me with copies of the relevant documents (deeds, liens on property etc) that is on record at the registry of deeds.

Do you require financial documentation, Tax Returns, or POF?

The tax statements will give you an indication of the revenue, which will imply occupancy and collections.I include something in the contract that the Seller will provide reasonable documentation to support financing of the deal and that is a contingency to close.

I'd proceed as follows:Verify if Proof of Funds is required to submit your offer.  

If you told the IRS that you netted $3500*52/12 = $15k per month over the course of the last two tax years, we would start with that number, do some wonky math, and come up with our own number for what you make.If your DTI is tight, you kind of want to drill down on that PRIOR to it being submitted to underwriting.

We believe we should not have to pay for this based upon falsified documentation/evidence provided us. 

We emailed her an application but she didn't submit it due to the text message.