When an REO asks for a Bank Statement and you don't have the funds?

[Account Closed]

As a wholesaler in Miami, I am making a few offers and they are asking me for a bank statement, before we used proof of funds from our transnational funding source.  There are a few ways to do this but I want to know what is working in the Miami Market and how to get past the bank statement request.

Thanks,

Ivan in Miami

[Bryan R.]

If you don't have the funds it isn't a cash offer. You're making an offer contingent on financing and should indicate so on your offer.