POF Letter?
Hello fellow investors. I'm very new to investing but I have pick up a ton of info from both reading and taking action on what I've learned. I've submitted a good amount of offers but have never got a property under contract. Although I have had negotiations with banks ( I go after REO's ) I continue to run into the same problem. So far I've used a POF from a HML that I've personally meet with to discuss terms and things of that nature. So the POF isn't generic but, banks in my area ( PG County, MD ) haven't been that receptive of my Subject to HML approval clause. Is there a way around this?