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Updated over 7 years ago, 08/14/2017
Proof of funds letter
HELLO GUYS I'M NEW TO THE BP COMMUNITY AND I HAVE A QUESTION. I HAVE FLIPPED A LOT OF HOMES BEFORE THE MARKET CRASHED AND DURING THAT TIME I HAD IN PLACE A LINE OF CREDIT AND A PRIVATE MONEY LENDER TO HANDLE ALL OF MY FUNDING NEEDS. FAST FORWARD THE TIMELINE TO TODAY. I'M INTERESTED IN WHOLESALES AND FLIPPING PROPERTIES. HERE'S IS MY ROADBLOCK AND QUESTION. I AM FINDING GREAT DEALS BUT HOW DO I PLACE THESE DEALS UNDER CONTRACT WITHOUT A PROOF OF FUNDS LETTER? I UNDERSTAND THE WHOLESALING PROCESS OR ASSIGNMENT PROCESS. BUT DOES ANYONE KNOW HOW TO PLACE A PROPERTY UNDER CONTRACT WITHOUT A PROOF OF FUNDS LETTER OR HOW DO I GET ONE?