That being said, if you have previous income history in another job(s) and an explanation, some underwriters will be willing to consider you.If your income over the years has been rising some underwriters will be willing give you a green light.I am sorry about your divorce.

@Michael Plaks thanks for that excellent explanation. 

Investor interest 3. manager/contractor principle4. manager /contractor share profit evenlyThis is a great explanation.

Also, the underwriters want a letter of explanation to clarify what this payment is for, so any wording that you might recommend, please let me know --        

@Ashish Acharya 's explanation is the most succinct.In the tax world, generally speaking, there needs to be balance.Where there's an expense, there should be revenue somewhere else. 

Brushes aside the career opportunities and massive amount of money in the area.I'm looking for a more sober middle-ground, or perhaps a more convincing explanation for either of the extremes if they happen to be true.

We were offered the potential of a personal line of credit since our BELOC funding is delayed with no explanation of why our BELOC funding is delayed.

. :) I read this somewhere on BP and found this to be a good explanation too: A = you and your family would live in itB= you and your family could live in itC = you and your family could live in it if it were an emergency D = you’d rather be camping @brandon @Brandon Barnic sorry for the late response - didn't see it until now. 

If not, a simple explanation wilI'd suggest using NWMLS forms so that the escrow agent knows it's official documentation -  Form 21, (Residential PS Agreement) and Form 32 (Assignment of Buyer's Interest). 

There is a longer explanation involved than a post here.