Just be prepared to tell us your story (reason for portfolio loan and details on your current financial health). T
hese loans work well for borrowers with a “story”, recently self employed, recent problems (BK,foreclosure, other). Maybe you just became paid 1099 rather than by w2. Maybe you have a job and own a small business or rental property. We use alternative means of calculating income (You should know you last 24 months of bank deposit history) such as bank statements, assets (some call it asset depletion method), gross income and other ways to qualify good borrowers.
Investors – Landlords and even fix and flippers – rehabbers