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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 2 times.

Creative Real Estate Financing

Post: Proof of funds question

Account ClosedPosted
  • Brooklyn, NY
  • Posts 2
  • Votes 0
My partner will be funding all renovations. He is funding everything cash. Thank you all for the feedback.
0 Votes
Creative Real Estate Financing

Post: Proof of funds question

Account ClosedPosted
  • Brooklyn, NY
  • Posts 2
  • Votes 0
Hey everyone, I wanted to bid on a foreclosed property and the real estate agent required me to submit proof of funds as an investor. I don't have the funds for it however my partner does and he will pay for half the value of the property. We're trying to have a mortgage on the property under my name to get a good rate as a first time home buyer. Did anyone come across a situation like this? What ways can I provide proof of funds if I personally don't have it? Thanks in advance.
0 Votes