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Updated about 9 years ago on . Most recent reply

James Allen's profile image
James Allen's profile image
James Allen
  • Lender
  • from Los Angeles, CA
  • Member since Dec 7, 2015
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184
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92
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James Allen's profile image
James Allen's profile image
James Allen
  • Lender
  • from Los Angeles, CA
  • Member since Dec 7, 2015
Connect
James Allen
  • Lender
  • Los Angeles, CA
92
Votes |
184
Posts
Wholesaling

If Motivated seller asks for proof of funds (Wholesaling)

James Allen
  • Lender
  • Los Angeles, CA
Posted

What is a good response if a motivated seller asks me for proof of funds when in reality I'm trying to wholesale the deal?

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Account Closed's profile image
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Account Closed
  • Real Estate Professional
  • from Dayton, Ohio
  • Member since Nov 2, 2015
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Account Closed's profile image
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Account Closed
  • Real Estate Professional
  • from Dayton, Ohio
  • Member since Nov 2, 2015
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Account Closed
  • Real Estate Professional
  • Dayton, OH
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Account Closed
  • Real Estate Professional
  • Dayton, OH
Replied

If they are asking for Proof of Funds, they aren't a motivated seller.  Truly motivated sellers don't ask for proofs of funds.  They ask you how quickly you can close.

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