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.
Wholesaling
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 1 year ago on . Most recent reply

User Stats

5
Posts
1
Votes
Alfred Sharty
1
Votes |
5
Posts

How to get a proof of fund as a new wholesaler

Alfred Sharty
Posted

I am a new wholesaler and I have to putting an offer but the listing agent need my proof of fun. What can I do to obtain that proof of fun?

Most Popular Reply

User Stats

1,594
Posts
1,695
Votes
Michael Dumler
  • Real Estate Agent
  • Atlanta, GA
1,695
Votes |
1,594
Posts
Michael Dumler
  • Real Estate Agent
  • Atlanta, GA
Replied

@Alfred Sharty, here's a better idea, don't try to wholesale on-market properties. 95% of the time the listing agent will discover the assignment clause and will advise their client to not consider the offer. Moving forward, you need to target off-market deals. To acquire some sort of pre-approval letter, consult with a hard money lender. 

Loading replies...