If your state allows you to utilize the deposits in that way and you have the required documents to support it, then you should be able to submit those to the title company. 

You might regret that.. sometimes brokers talk the talk and give you x amount of support..

Don't start moving the goalposts (i.e. by inflating the sell price or lowering the reno budget without data to support it; using 80% instead of 65-70% in the equation above to sacrifice your eventual return) in an effort to wedge a square peg through a round hole.Not every property you analyze works, and providing them with a "low" offer isn't taking advantage of them. 

If the Monthly rent doesn't support the PITI (principal, interest, taxes, insurance) now, I would suggest not purchasing !

Unfortunately, history just does not support that strategy.

Corbaley's back office is walled in behind a flaky support ticket system.

@Derek Harris is spot on about verifying comps, make sure the market data supports the sale price, with or without rehab.  

It's a less structured approach, with more uncertainty and less support.

Arlington- Condos = no way, too expensive , rents don't support in most areas, condo fees are relatively high.Silver Spring- Like I said "lifestyle value" Good luck! 

Mitchell BernierBernie would need a legislature that supports his agenda.