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Updated over 4 years ago on . Most recent reply

User Stats

54
Posts
21
Votes
Aden Brust
  • Investor
  • Bentonville, AR
21
Votes |
54
Posts

Getting a POF on a wholesale deal

Aden Brust
  • Investor
  • Bentonville, AR
Posted

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!

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