Are you interested in purchasing a rental property but are struggling to document enough income for mortgage approval? Look no further! With Cashflow Approvals, the cash-flow of the property is the approval. This means that buyers who can't or choose not to document income are still able to purchase rental properties, without using their personal income.
Cashflow Approvals even allows for cash-flow variables such as short-term rentals (such as Airbnb) and negative cash-flow approvals, making it easier to find a property that fits your needs. All that is required from the buyer is a credit score and proof of down payment/reserves.
*Scenarios and case studies are unique to each individual's need for a mortgage loan. Non-QM program restrictions and eligibility apply.
Take a look at these two case studies regarding Cashflow Approvals: