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Updated about 7 years ago,

Eric Roloson's profile image
Eric Roloson's profile image
Eric Roloson
  • Flipper/Rehabber
  • from Kelso, WA
  • Member since Sep 6, 2017
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User Stats

67
Posts
23
Votes
Eric Roloson's profile image
Eric Roloson's profile image
Eric Roloson
  • Flipper/Rehabber
  • from Kelso, WA
  • Member since Sep 6, 2017
Connect
Eric Roloson
  • Flipper/Rehabber
  • Kelso, WA
23
Votes |
67
Posts
Creative Real Estate Financing

What is the QUICKEST path to PROOF OF FUNDS? HELP!

Eric Roloson
  • Flipper/Rehabber
  • Kelso, WA
Posted

I just joined biggerpockets and am excited to post my first question. 

I have found a great property to rehab and flip. I am confident I can get an amazing deal on it. However, I have a problem...TIME! 

I have 10K in the bank ready to use and around 50K of equity in my own home. I only need 35K. The bank will take 4-6 weeks to approve my HELOC and the I feel if I wait that long I will lose this opportunity. What should I do?

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