@Kris Haskins Sorry that sucks.YOUR GUYS WANT A STORY....A guy bought my property with fake funds. created a fake POF and stole someone else's identity to make initial payments.He ended up going to fail for 10 years Property was in FL, 3 years ago crazy scams do happen

We provide the most extensive people locate, address verification and people finders data in the industry.

when i see proof of funds letter instead of VODs (verifications of deposits like legit bank statements) it wreaks of wholesaler and hard money contingencies coming sooner or later.wholesalers and hard money borrowers do need to stop throwing around 'all cash offers' and phony 'proofs of funds' cuz its making the wholesalers who do have all cash buyers lined up, and hard money borrowers who do have a private loan commitment, seem shady.if ur a wholesaler with a cash buyer ready, disclose it, dont say ur the all cash buyer. likewise if ur a hard money borrower disclose the fact u have a private loan committment, dont forge proof of funds cuz it looks 'better' than explainin ur getting a private cash loan!

Build trust through verification and performance over time.  

The deal wont fund until they verify the identities of the buyers and clear them from the financial terrorist watch list.wow...

I have had no verifable income since 2004 but do have have a sizeable amount of money in the bank (50k+).

No but I had some identity theft about 8 years ago an the person used my info to get credit cards from home depot, circuit city, wal mart, and about 3 or 4 other places.

There are 3 other buildings identical to the one for sale and they are collecting the same rents.

We just have to show that we have made sure they have the ability to repay, and we do with the job and documented income verification. 

Getting a new PM would be my next step, but I always do my own verification of tenants.