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Updated almost 4 years ago, 12/19/2020
Wholesaling - Proof of Funds
I'm looking to break into REI with wholesale deals as a way to raise capital for personal investment properties.
When it comes to getting a seller to sign a purchase agreement, how are wholesalers showing POF even though they plan to assign the contract? Do they use hard money lenders as proof? Or are wholesalers not required to show POF if the seller isn't directly requesting POF?
Thanks