Skip to content
Foreclosures

User Stats

105
Posts
25
Votes
Andres Bernal
Pro Member
  • Orange CT
25
Votes |
105
Posts

Making an offer on a REO

Andres Bernal
Pro Member
  • Orange CT
Posted Dec 27 2016, 16:49

Hi guys, 

I have a question. Today i was watching a REO in a super discount price. I have a partner (which is the money guy not a investor) and hes hesitating with this deal. If hes not going for it i will go with a hard money lender. My agent asked me for a proof of funds aling with the offer, I dont have any hard money lenders yet. Does the hard money lenders will give me a proof of funds right away if he thinks this is a good deal?

Anybody with experience here?

Thank you

Loading replies...