Stupid Newbie question time

[Hattie Dizmond]

I wrote an offer on a property in Richardson, TX today. It's an REO, but the bank is taking all offers. Mine is the first written contract they have received. I offered about 65% of a very conservative ARV - rehab. The house is in good condition as is, and it's in a great location. Here's my quandary... They are asking for Proof of Funds. I'm wholesaling. I don't have POF, because I never planned to close on the property myself. Suggestions? How do I handle this? I'm sure several of you are LOL right now and that's ok. But, when you stop laughing, could you please explain to me how I should have handled this and what I can do now? Thank you!