Thank you I so much need the help. I am trying to work alone and it is difficult. I don't know any one near by to work with, I have my realtors and insurance guys, I have two contractors and a mason for concrete work and an a/c man on board.
I am really trying hard to get this going. Thank you again for the help. Deanna
A typical POF letter from a private lender might be as follows:
To Whom It May Concern:
My name is(”Lender”) and I am private investor. Mr. Real Estate Investor (”Borrower”) has the availability of private funds from for the purposes of purchasing a single family home atAnywhere, USA. The Borrower has an approved availability of funds in the amount of $ ____________________.
The Borrower(s) has immediate access to these funds subject to normal terms and conditions prior to closing. These funds are available immediately for wire transfer as instructed or directed for disbursement by the Borrower.
In the event you would like to verify these funds please address your calls to the contact information provided below and we will do all we can to assist you for the benefit our Borrower.
A POF letter from hard money lender may read something like this
To Whom It May Concern:
This letter is to confirm a positive working relationship between xxxxxx Funding, LLC (”Lender”) and Investor (”Borrower”). Within Lenders Guidelines, Lender will provide Borrower with the amount of funds up to $xxx,000, to purchase real estate located at Anywhere, USA. Borrower has been pre-qualified for a quick cash closing.
Offline
Partner with someone with pof.
" Not Having a goal is more feared than not reaching one"
Christa Niven
you can get your POF letter from transactional funding companies
bestransactionfunding.com
look up Michael Mangham (here on DG) he has a link to Cam's transactional funding
in the search box (above left under Deans chin) type 'transactional funding' or 'POF' then hit enter
you'll find all the answers there
Mike
https://tvallc.isrefer.com/go/RehabLite/renvestr/ Free tools
http://www.coastal-funding.com/
Thank you I so much need the help. I am trying to work alone and it is difficult. I don't know any one near by to work with, I have my realtors and insurance guys, I have two contractors and a mason for concrete work and an a/c man on board.
I am really trying hard to get this going. Thank you again for the help. Deanna
Deanna MacDonald
I'm Using http://www.besttransactionfunding.com/
Here are a few samples for you:
A typical POF letter from a private lender might be as follows:
To Whom It May Concern:
My name is(”Lender”) and I am private investor. Mr. Real Estate Investor (”Borrower”) has the availability of private funds from for the purposes of purchasing a single family home atAnywhere, USA. The Borrower has an approved availability of funds in the amount of $ ____________________.
The Borrower(s) has immediate access to these funds subject to normal terms and conditions prior to closing. These funds are available immediately for wire transfer as instructed or directed for disbursement by the Borrower.
In the event you would like to verify these funds please address your calls to the contact information provided below and we will do all we can to assist you for the benefit our Borrower.
A POF letter from hard money lender may read something like this
To Whom It May Concern:
This letter is to confirm a positive working relationship between xxxxxx Funding, LLC (”Lender”) and Investor (”Borrower”). Within Lenders Guidelines, Lender will provide Borrower with the amount of funds up to $xxx,000, to purchase real estate located at Anywhere, USA. Borrower has been pre-qualified for a quick cash closing.
Cordially,
Hope this helps!
MJ
MaryJane