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Updated over 2 years ago,
Proof of Funding from parent / partner
Hello All!
I’m working on my first deal on a 5 unit property that the owner is willing to finance. My father and I are partnering on the property and he is going to provide the down payment. I’m working on setting up a virtual tour, but the wholesaler is wanting proof of funds for the down payment prior to doing the virtual inspection as he has to have a family member in the area help with the inspection.
I’m fine with providing the proof of funds but I’m just not sure what kind of document needs to be provided.
Thank you all!!