Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

@Scott Trench president of BP could not have been much clearer “The practice, when used this way is meant to mislead, and those who ask for, give out, or receive, proof of funds letters in this way are not welcome here on BiggerPockets.”more important you are promoting a fraudulent POF that has high chance to adversely affect the seller if the wholesale does not find a buyer.  

@Michael GondaIt ultimately comes down to what you want to achieve with the equity.

You gambled your investment capital on an internet investment-promoter.

By charging below on rent, you're losing profit, and by overcharging, your properties may end up sitting vacant, which ultimately will cost quite a bit.

They tried to help without broadcasting their personal information and getting heaven know who contacting them to prove something they are part of but don't promote for a living, like our office staff. 

We offered on several homes before ultimately deciding to open our search a bit wider.

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

Ultimately, you can make any offer you want but you do need to understand the sellers reason for selling.

That experience pushed me to grow, learn, and ultimately do what I’m doing today—helping others create successful off-market real estate strategies.