Multi-Family and Apartment Investing
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 6 years ago,
Proof of funds for apartment purchases?
Is it typical for the seller or his agent to require proof of funds just to look at the property. I have came across this several times recently. I'm looking at 12 to 40 unit properties. I will raise private capital for the purchase. I do have other properties but they are leveraged to some degree. Not a ton of useable equity there. Any advice is much appreciated.
Thanks