Using commission to leverage deals

[Nick Rutkowski]

Hello,

I am a licensed RE agent and I was wondering if it was possible to use my commission as a way to leverage a deal or part of a deal to get a house. If possible, how would I do it? 

Thanks.

[Shanel Wiggins]

Your commission is your income. It is either direct deposited into your bank account or sent to you as a check (at least this is how my brokerage operates). So, saving your commission will be the same as saving money in your bank account from your earned income on a job. There bank wants to see proof of funds for your down payment in your account for at least 2 months.