I've got a short sale in progress. The lienholder is Wells Fargo. As a part of their short sale package, they want a preapproval or proof of funds for the buyer. I can't get wet funds until I get both A - B and B - C ...

Context: I'm an investor-friendly real estate agent in Minneapolis/St. Paul.  On this deal, I was representing a moderately experienced buyer whom I have worked with twice previously in a purchase of a relatively new ...

When you are purchasing a small multi (2-4) property, what documents do you require as proof of rent and that tenants have been paying? Do you ask for the same documents whether the property is bought of the MLS with ...

Hi guys! Have any of you ever ran into a situation where a wholesaler and/or an investment firm requested previous deal history as a prerequisite in them even considering your offer? The offer is being presented with ...

***Note-This is not a request for a loan. Do not respond asking me to contact you to provide me a loan-I don't want this post removed***

Right now I am in documentation hell putting all the docs needed for my...

I have a tenant who has not paid April rent. He is citing Covid as the reason. I have not made an issue of it, but I have informed him I need documentation validating his claims. He told me to look at the lines at ...

I have looked into wholesaling pretty extensively and one big question I have is how do you give proof of funds on a house when you have no intention on buying it and obviously don't have the funds to purchase it? Any...

I applied for a mortgage loan through a local broker that was referred by my realtor and was instantly Pre-approved because I have pretty good credit. I now have to provide the routine documents (W-2s, pay stubs, ta...

Hey BP - Hoping someone can help me understand a question that I have regarding proof of funds when using hard money/private money when purchasing a property off of the MLS.When purchasing a property to fix up on the ...

I have a condo that is mortgaged through AmeriHome Mortgage as of two months ago.  I purchased full dwelling coverage for this unit through a large reputable insurance company. Last month, I received a letter from Ame...