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The Investor’s Guide to a Single-Family Rental Emergency Fund
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Rehabbing & House Flipping
HomeForumsRehabbing & House FlippingMaking an Offer
Bill Newport's profile image
Bill Newport's profile image
Bill Newport
  • from Newport Beach, California
  • Member since Mar 2, 2014
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Bill Newport's profile image
Bill Newport's profile image
Bill Newport
  • from Newport Beach, California
  • Member since Mar 2, 2014
Connect
Bill Newport
  • Newport Beach, CA
2
Votes |
25
Posts
Rehabbing & House Flipping

Making an Offer

Bill Newport
  • Newport Beach, CA
Posted Apr 17 2014, 22:49

Hello All,

Quick question..... If you are making an offer in your LLC's name and you are doing 100% financing on a standard sale, should you still show "proof of funds" in some kind of liquidable account (bank statements, investment accounts, ect)? I having trouble understanding if the offer is in a business name, would I use my personal accounts to show liquid assets. Also, would I even have to show proof of funds if I'm doing 100% financing from a private lender and the offer shows this? Thanks everyone....

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