Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

2,113
Posts
195
Votes
Alex Hamilton
  • Property Manager
  • Baton Rouge, LA
195
Votes |
2,113
Posts

Flipping in Baton Rouge, Louisiana

Alex Hamilton
  • Property Manager
  • Baton Rouge, LA
Posted

Hello BP Community

Anyone with experience in Louisiana Real Estate markets. Need advice on where, when, and how a Proof of Funds letter used or found in Louisiana. On my flips, always paid more than 1/2 of sales price or full price, and done rehab out of pocket. Thus never needed POF Letter.

Is this some Louisiana Law or just perk of the Seller?

Most Popular Reply

User Stats

143
Posts
114
Votes
Tami DuBose
  • Lender
  • Prairieville, LA
114
Votes |
143
Posts
Tami DuBose
  • Lender
  • Prairieville, LA
Replied

@Alex Hamilton & @Robert Leonard - Guys, I'm piggie backing on your post. You both know I'm lending Baton Rouge Hard Money now. I'm going to encourage Baton Rouge, Ascension & Livingston investors to ask you guys about my integrity. 

Robert know me best. Alex & I meet occasionally at the local REIA (Baton Rouge RING).

Baton Rouge & surrounding parishes now have a local, face to face money source. 

Loading replies...