Proof Of Funds...

[Matthew Reed]

I've found a wholesaler that has a house at a good price in the neighborhood I am interested in. But before he will do anything I have to provide pof. I was going to use a hard-money lender, but they need all the numbers on a house.

It's like a chicken and egg thing, I can't get the pof until I look at the house, I can't look at the house until I have pof.

Any advice?

-Matt

[Bill Gulley]

Tell the seller what you intend to do. Put a time limit to getting the POF. Honesty should do it. If not, move on. :)