This one is for my lenders and LOs - I know you get this all the time...

[Devin Peterson]

what do these investors mean when they say... "Since I am doing a double close / double escrow, my B to C is going to cover my down payment and closing costs"

I know we all have funds and source access of lenders who dont require POF for fix/flip, bridge loans, etc. but to my knowledge 90% of DSCR lenders will want a POF and validated source of funds from the end buyer for down payment, closing costs and reserves.

What is the thinking behind this approach with these creative investors? How do you approach this an LO and what solutions can you provide?