OfflineThis is nothing new, but I haven't seen it posted anywhere so I thought it would be helpful if I posted it.
For everyone having problems providing PROOF OF FUNDS for making offers with the 25 to 1 strategy because they don't have the funds (this applies to wholesale deals where you will be double closing), go to www.coastal-funding.com. You will be able to print your own legitimate proof of funds to provide to your REA. Make sure to read the information on the website, as the letter and funds are only able to be used in certain situations. One of those situations is double closing.
Hope this helps some people. It was a revelation for me!
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REALTOR
Real Estate One
Grand Rapids, MI
in search box under Dean's chin (upper left) and hit Enter on your keyboard OR
just click the Funding and POF link below
Also See INSTRUCTIONS link below
Mike
Mike
https://tvallc.isrefer.com/go/RehabLite/renvestr/ Free tools
the word is that coastal funding is out of business - their website for POF hasn't worked for several weeks now. It may come back, I don't know. Some other sources to use that are similar to coastal funding are:
www.besttransactionfunding.com
www.transactionalfunding.com
KEEP MOVING FORWARD
"If it is important to you, you will find a way. If not, you'll find an excuse."
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