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Updated over 11 years ago,
New to Wholesaling RE Agent asking for POF
I am a newbie in the Wholesaling business in Rhode Island, and i got in contact with a real estate agent who sends me the mls listings in the areas i ask and sets up times and days for me to go see the houses i choose. i am mostly trying to stay away from REO or bank owned properties for now until i make my first deal. i have just been trying to deal with the seller personally because to my knowledge POF was not needed. Well my Agent and i went to go look at a house which i showed interest in flipping and she told me to make an offer i need a proof of funds. Now I, as a wholesaler, am planning on just matching the seller to one of the cash buyers i have spoken to about similar properties. I do not have proof of funds what should i do?