Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago, 10/14/2014

User Stats

252
Posts
86
Votes
JPaul Mills
  • Wholesaler
  • Navarre, FL
86
Votes |
252
Posts

I have a great deal and need to show proof of funds HELP!!!!

JPaul Mills
  • Wholesaler
  • Navarre, FL
Posted

Hey BP world. I have a smokin deal waiting for bank approval for short sale offer. All my ducks are in a row except proof of funds. I am getting private money to fund the acquisition but I am pitching this deal to a few people at the next REIA meeting this Tuesday. I have heard that there are ways to get proof of funds from an online source but don't know where to find that. Any help would be greatly appreciated. Thanks.

User Stats

967
Posts
383
Votes
Kirk R.
  • Peoria, IL
383
Votes |
967
Posts
Kirk R.
  • Peoria, IL
Replied

seems like agents are more motivated when they get both sides of the commission?

User Stats

23,418
Posts
13,507
Votes
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,507
Votes |
23,418
Posts
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Kirk, generally wholesaler types offer both sides, as an enticement.  Still doesn't matter.

BiggerPockets logo
Join Our Private Community for Passive Investors
|
BiggerPockets
Get first-hand insights and real sponsor reviews from other investors

User Stats

2,188
Posts
1,911
Votes
Wendell De Guzman
  • Investor
  • Chicago, IL
1,911
Votes |
2,188
Posts
Wendell De Guzman
  • Investor
  • Chicago, IL
Replied
Originally posted by @JPaul Mills:

Well Wayne just FYI the seller contacted me to buy off of my bandit sign. She is not in pre foreclosure or any sor of mess like that. She is needing to move out of town and can't afford the repairs that are needed or can afford to wait forever for it to sell. The listing agent Is investor friendly so this won't be a problem. But thanks for putting in your opinion on the matter. 

 JPaul, if the deal is really that good, I can provide you with Proof of Funds. PM me the details of the deal.