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Patricia Thomas
  • Bessemer, AL
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Proof of Funds

Patricia Thomas
  • Bessemer, AL
Posted Jul 19 2014, 00:18

Can I use my bank line of Credit and a Cashier's as Proof of Funds on my Wholesale deals? and if so how do I present these funds as a Proof of funds to my REO agent. I am new to wholesaling and am interested in making some deals. However, I don't want my personal bank account and other personal information exposed to a Real estate agent or (anyone else) I just met) knowing my TOTAL amount of available cash .

Please advise,

Pat

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