Letter of Intent & Proof of Funds

[Alisha Decoteau]

Does anyone have an example of the LOI and POF?

Does the POF have the exact amount the Investor is willing to pay for?

Our position is: My partner and I have looked at the #'s the #'s add up to around the asking price.  However, due to the area, we would consider asking for less.  It is a large 300+ property with no cash flow    

The property is currently in a revitalization area but we don't know the extent of the plans for that particular area.     Also, the property is near a cemetery (just wanted to throw that in as an FYI).   

Any examples or advice would be greatly appreciated.