sources and amout of income for a mortgage/heloc

[Alex Johnson]

Here is the situation: an all cash SFR buy where the buyer wants to take out a mortgage or heloc.

The property's rent is twice the monthly payment, what additional income, and from what sources can one show in lieu of a traditional bi-weekly pay check?

Thinking longer term, how does this change for a larger, say 40 unit, apartment complex purchase?

Thanks!