/Down Payment
14 09, 2018

What Are Proof Of Funds Letters?

By |2018-09-14T09:55:08+00:00September 14th, 2018|Categories: Down Payment, Hard Money, Investing, REIs|Tags: , , |0 Comments

Proof of Funds Letters can help buyers get under contract quickly. They are a personalized statement that shows that you have funds set aside for a fix and flip real estate investment. A Proof of Funds letter proved that you have enough liquid cash to purchase your investment home. Why do sellers need a Proof of Funds letter? No seller would want to take a home off the market unless they know that a buyer can actually pay for their home.  So, buyers must provide Proof of Funds letters. Even if getting financed, sellers will want to make sure you

31 05, 2016

Creative Ways to Find Down Payment Funding

By |2016-05-31T10:00:51+00:00May 31st, 2016|Categories: Down Payment, Hard Money, Loan, REIs|0 Comments

  As a real estate investor, you’re all too aware of the challenges you may face when you’re trying to find a down payment on house you really want to buy. Unfortunately, many people aren’t able to purchase the properties they want because they can’t fund the down payment—but as a real estate investor, you may be a little more resourceful than the average Joe. So how can you fund a down payment if you’re having a tough time? Creatively Funding a Down Payment Because a hard money loan typically requires you to contribute toward the property’s purchase, if you