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Updated over 8 years ago,
Proof of funds letters
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.