Imirish.
I also am a licensed Mortgage Broker. No way to extrapolate income on a deal that is in essence Seller Financing. Even if he was securing a mortgage from a lender, there are a miraid of products available that allow for "Stated Income" situations. So basically, income and debt-to-income can be what ever you can justify to a lender in some instances. You pay a higher percentage on the money you borrow, but the lender doesn't ask for documentation of your claims.
Ren
"Experience: that most brutal of teachers. But you learn, my God do you learn." C.S. Lewis
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