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Updated over 1 year ago on . Most recent reply

How do I get a proof of funds?
I was wondering how I get a proof of funds letter to show a real estate agent if I'm trying to wholesale on market or seller finance if they don't take a low-ball offer. Also do I need to put down earnest money and a down payment if doing seller finance?
Most Popular Reply

@Guillermo Vladimir Robles
Typically seller will require earnest money
You either tell the seller you are gonna wholesale it or provide proof of funds letter from your bank
Trying to hide the fact you are wholesaling and not having the funds and not closing is what gives wholesalers a very negative reputation
- Chris Seveney

7e investments
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