Mortgage issue in selling a house
Hello guys,
I am working on my first flip, I L/Od it and the tenets are ready to buy the home now. Here is where the challenge is:
The buyer works for family and get paid a big part of his income in cash. Thus, his pay stubs don't show sufficient income. I had a heart to heart with the buyers to ensure they would be able to make rent and that is when I found that out. The buyers had already gone back and had the family member put all of his income back on the pay stub to substantiate income.
Now, the problem is my mortgage broker is not willing to process it because he thinks the stubs are fake! What are my options? if you were in my shoes, what would you do?