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Updated about 5 years ago, 10/08/2019

Jeff Berry's profile image
Jeff Berry's profile image
Jeff Berry
  • Rental Property Investor
  • from New Braunfels, TX
  • Member since Jul 20, 2014
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User Stats

26
Posts
12
Votes
Jeff Berry's profile image
Jeff Berry's profile image
Jeff Berry
  • Rental Property Investor
  • from New Braunfels, TX
  • Member since Jul 20, 2014
Connect
Jeff Berry
  • Rental Property Investor
  • New Braunfels, TX
12
Votes |
26
Posts
Texas Real Estate Q&A Discussion Forum

San Antonio area property offer submission

Jeff Berry
  • Rental Property Investor
  • New Braunfels, TX
Posted

I know of a property that is a foreclosure that I am trying to submit an offer to. The seller is requiring proof of funds to be submitted with the offer. In order to get funding I have to have the property under contract but in order to get the property under contract I have to have proof of funds. 

$190k ARV - $30K repairs - $130k offer but have to have proof of funds. Looking for advice on how to move forward to see if the offer will be accepted.

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