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Updated about 14 years ago,

User Stats

108
Posts
26
Votes
Ryan O.
  • Wholesaler
  • Downers Grove, IL
26
Votes |
108
Posts

Proof of Funds POF Flip

Ryan O.
  • Wholesaler
  • Downers Grove, IL
Posted

I am very close to starting to submit offers on REOs that I intend on rehabbing. I have an investor willing to put up cash for for the purchase and rehab of said properties.

My question is how do I go about submitting POF with my offers. Is it as simple as getting copies of my investors bank/brokerage statements with a signed letter of intent to lend. If so does anybody have an example letter/form that they use.

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