Getting a POF on a wholesale deal

[Aden Brust]

I want to start making 5 offers a day for on-market deals to try and wholesale on market first before I build my deal pipeline for off market, I’ve come up with only one question I have in the process. When I send the offer sheet to the agent, what will I use as the proof of funds if Assigning it to a cash buyer? I feel like there is a stigma around wholesaling and that if I was honest it might lose some deals but maybe it would be worth it... I’m not sure, to me I just think wholesaling is a great way to get started and save some money for rentals in the future to build wealth, but there are some shady wholesalers.

Thanks!

[Brandon Vukelich]

Just a quick suggestion would be to get a pre-approval letter from a hard money lender.  Conventus Lending is good and I just checked, they lend in AR.  Best wishes on your journey!