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Updated over 7 years ago on . Most recent reply

User Stats

20
Posts
7
Votes
Shawn Hurley
  • New Orleans, Dallas, Atlanta, Birmingham , LA, Tx, GA, Al
7
Votes |
20
Posts

Proof of funds letter

Shawn Hurley
  • New Orleans, Dallas, Atlanta, Birmingham , LA, Tx, GA, Al
Posted

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?

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