What you’re really trying to determine is income stability and documentation consistency, not just gross deposits.A few things many landlords look for:Two years of tax returns (Schedule C if sole proprietor) to verify reported incomeYear-to-date profit & loss statementConsistency of deposits over time, not just one strong monthBusiness license (if applicable)Length of time in businessWith self-employed applicants, I usually focus more on:Income trend (steady vs volatile)Cash reservesRental history and payment consistencyIf half the income is cash deposits, that’s not automatically disqualifying in trades like painting, but you’d want to see that it’s been consistent over a longer period and aligns with reported income.The key isn’t to reject self-employed applicants — it’s to apply a structured, consistent standard for verifying stability.

In banking, we never relied on “seasoning” alone to determine loan quality, we relied on ability, willingness, and capacity to repay, supported by documentation.

Sincerely grateful for the hand I have been dealt and for my ability to get into REI as early as I am.

Hi, I'm trying to figure out if a furnished rental will help improve my monthly ROI and allow me to max out a refi while making a better profit on the monthly rental. The issue I'm facing is that if I decide to furnis...

Is there a formula to determine the optimal purchase price?

When you are underwriting a small multifamily deal, for example, 4 to 10 units or more, in a tertiary market with C & B-class properties, what is the best way to determine a safe cap rate for your subject property?

I hit a snag and need lender intel:I’m looking for a DSCR cash-out refinance program to pay off my hard money loan (or similar financing) that will allow me to use the appraisal value only to determine LTV — not the lowest listed price.

If you're a higher earner, the losses carry forward and stack up until you sell or have passive income.Bottom line: with two Tacoma properties at 2.5% rates that already cash flow, the tax benefit of cost seg is real but depends heavily on your ability to use the losses.

Most DSCR lenders will use the sales comparison approach to determine the value of the home.

I make sure I am cc’d on the billing so I know it’s being paid.For a multi-Unit, I sub-meter the water and send them a bill.