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Updated over 8 years ago,

User Stats

142
Posts
21
Votes
Pauline Jones
  • Residential Real Estate Broker
  • New York City, NY
21
Votes |
142
Posts

Proof of funds letters

Pauline Jones
  • Residential Real Estate Broker
  • New York City, NY
Posted

I am a real estate broker for over 20 years and have recently been advertising

foreclosed properties, and distress deals.  I have noticed a lot of responses

to certain deals and wondered if I could whole sale them?  I would

need to do a assignment contract and supply a proof of funds letter

for a transactional funding sitiuation...is this possible? In the past  I've bought

and renovated my own properties, but using bank money and my own...

now I'm limited in funds but resourceful in finding great deals.

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