Private financing letter for offer on a house

[David Smith]

I am going to make an offer on a house where I am putting 50% down and my friend is going to loan me the remaining money in a private financing deal. What sort of letter do I need from him to present when I make the offer? And does anyone have an example of that?

Thank you!

[Chris Colvard]

If they want more proof, then give them a copy of the bank statement with account numbers and confidential things blacked out. This can be attached to your cover letter.