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Updated about 8 years ago,
Proof of Funds letter...ya, another question :)
I have the cash funds to purchase a property. I don't want to show the Seller my bank statement because if they see that I have more money than I'm offering, they will likely ask for more money. Therefore, I'm asking my bank for a POF for each deal....which could be numerous. SURPRISE! They won't do it because it's too much of a burden. I've seen a lot of responses from others here saying don't go to the funding websites just the letter. I have the funds, I just need multiple letters. Is there a better way of doing this?
Thanks