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Updated over 10 years ago,
How do I create a POF when I have 2 LOCs funding my deal?
I have private money secured from two individuals, each loaning $100,000. The funds are disbursed via a LOC.
Considering my rehabs will be funded by both LOCs, how do I come up with a POF to provide banks with my offer on REOs?
2 separate POF letters with each offer?
Have attorney vouch for the available funds?
Thanks