14 09, 2018

What Are Proof Of Funds Letters?

2018-09-14T09:55:08-04:00September 14th, 2018|Categories: Down Payment, Hard Money, Investing, REIs|Tags: , , |

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

21 10, 2016

Cashing in On Short Sales and Foreclosures

2016-10-21T10:00:38-04:00October 21st, 2016|Categories: Hard Money|Tags: , , , , , , |

When you find a “diamond in the rough” house or commercial property, you know you need to act quickly. Day after day, investors are hunting for houses and commercial properties—and they probably have their eyes focused on the same prize that you're watching. Discovering a spectacular property at the right price is the name of the game. Short Sales and Foreclosures: How to Cash in as a Real Estate Investor Short sales and foreclosures are hot commodities in some cases, and you know that banks are around to lend money and make money. They are not in the business of

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