Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 12 years ago,
Proof of Funds via "Funding Partner"
I have a Proof of Funds letter from my father, my "funding partner" that says
"xyz funds are available for immediate transfer or use by MattLiu at my discretion."
The problem is when I went to make an offer, one realtor said what happens if we are about to close and funding partner's discretion decided that it is not a good deal.
He makes a good point.
How do I get around this. Do I have to make the letter approve of the address each time?
Thanks!