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Updated almost 11 years ago on . Most recent reply

User Stats

25
Posts
2
Votes
Bill Newport
  • Newport Beach, CA
2
Votes |
25
Posts

Making an Offer

Bill Newport
  • Newport Beach, CA
Posted

Hello All,

Quick question..... If you are making an offer in your LLC's name and you are doing 100% financing on a standard sale, should you still show "proof of funds" in some kind of liquidable account (bank statements, investment accounts, ect)? I having trouble understanding if the offer is in a business name, would I use my personal accounts to show liquid assets. Also, would I even have to show proof of funds if I'm doing 100% financing from a private lender and the offer shows this? Thanks everyone....

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