I am not sure what you are asking. Probably your best bet is to talk to a lender and see what they consider proof of funds. I'm guessing that you are talking either about a down payment or savings to allow a refinance. See what your local bank is willing to do.
In my experience the short answer is NO. What you could do and I have done this is transfer a little more than what they need in to my savings, then let it sit there for a couple months.
kinda not really.
you could do it if you took the advance out and seasoned it in a bank account for ~2 months.
though the debt service will certainly affect your DTI
I always have them use my IRA as a reserve account
Thank you all for your help
Alexander Felice ,
So you are saying that I should go ahead and withdraw 6 months worth of payments for both my Primary and this Investment property , and put it in a Savings account and let it seasons a few months ? Thank you for your help
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