OfflineHow Can I Put A Bank Owned MLS Listing Under Contract With No Money of my own?
I am seeing a lot of cheap houses in the MLS that is bank owned, but they
require Proof of Funds and A Letter From The Bank.
Is there a way that an investor like me, with no money of my own, can be
able to flip properties like this to other investors or potential home owners
that dont know about the Listings but do have the money and is interested?
Thank you for any replies
Gloria
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Looking into transactional funding and doing a back to back closing. They will provide you the proof of funds letter and 100% financing for purchasing a house, plus pay closing cost. The key is you have to have an end buyer lined up and ready to close on the same day you buy the property. The key is having a end buyer, with out the end buyer the transactional funding company will not loan you the money. Here are a couple transactional funding companies.
http://insiderscash.com/
http://coastal-funding.com/
http://www.tempofunding.com/
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
Thank you very much for your information and offer.
I want to call you at the number you provided, and
see if the Academy Training is for me.
Sincerely,
Gloria