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Updated about 4 years ago,

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5
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Matthew Rogers
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5
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Getting a Proof of Funds Letter

Matthew Rogers
Posted

I am in the process of wholesaling an on market deal and the listing agent is now asking for a proof of funds letter. I have already wired my $1000 Earnest Money Deposit to the title company so i thought that would be sufficient. I obviously don’t have the funds to show the agent that I am capable of buying the property, hence why I am wholesaling and not flipping. I know it’s unethical but am I able to use a fake proof of funds letter or can I use a proof of funds from a cash buyer?