Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
Marketing Your Property
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 about 10 years ago,

User Stats

39
Posts
2
Votes
Tevin Swain
  • Philadelphia, PA
2
Votes |
39
Posts

Proof of funds

Tevin Swain
  • Philadelphia, PA
Posted

Hello my name is Tevin , im a 22 year old college student in philadelphia.  I'm very interested in wholesaling HUDS and REOS and im very thankful to have found this site because im very excited about getting started. The one question i do have it about Transactional or Flash funding. do i actually need to have the actually liquid cash or capitol in my bank account to use these funds? and are these things the same as a proof of funds letter?

Thank you, for your time and i appreciate the feedback.

Loading replies...