Does any one in the DG family have a good Proof of Funds letter they are using currently. I have a friend who recently aggreed to help fund my Real Estate ventures. And is also willing to supply a bank statement to the bank as well if needed. I am just looking for a good Proof of Funds letter to use and modify as needed to submitt with my offers. Any and all help would be great.
Thanks
Bill
Willow Tree Investment Properties LLC.
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For proof of funds try
http://insiderscash.com/
http://coastal-funding.com/
I hope it helps!
coastal-funding.com is where I go....never been to insidercash.com, but will check it out myself. Good luck to you!
Livethedream!
did you make offers before with coastal funding?
The bank statement is your Proof of Funds. It is your best Proof of Funds. Everyone knows what letters are available free so they don't carry much weight.
Nationwide Transactional Lending at 1.5 points flat fee.
Chicago-area Hard Money Lending.
www.NorthSideFunding.com
Have to click on insiders cash.com, not the proof of funds heading for proof of funds letter.
Jonelle
www.besttransactionfunding.com
www.transactionalfunding.com
As of today, www.coastal-funding.com is not longer a resource. Try these other 2 site - they are pretty good
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I am having some trouble getting the Coastal Funding proof of funds letter to work. Any ideas???? Thanks!!!
Patty and Dave Frahm
Thanks.
Having trouble requesting a POF from Insiderscash.com without singing up, since is $9.95/mo for membership? And I was told the letters are for free.
Need help. Thanks!!
www.besttransactionfunding.com
www.transactionalfunding.com
Thank you Mark!
you friend can download a summary of his bank account showing the balance of his account without all the transactions; that's all you need to provide as proof of funds.
You provide it when your offer is accepted, if requested.
Wishing you success,
Valerie
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Thanks for the info.
www.besttransactionfunding is great.
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I like to provide POF and a copy of the earnest money check with every offer up front. When I SUBMIT my offer. This makes for a stronger offer and shows the seller you are serious and capable of closing.
Michael Mangham
Mentoring/Team Building Nationwide
MD Home Acquisitions LLC
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