Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
1031 Exchanges
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago on . Most recent reply
![Shawn Hurley's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/774532/1621497118-avatar-shawnhurley.jpg?twic=v1/output=image/cover=128x128&v=2)
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?