The proof of funds catch-22
I'm preparing to buy my first fix and flip. I want to use hard money and a money partner for the purchase. I already know my agent will want to show POF with any offers and I could show a pre-approval letter from the hard money lender but I don't have a money partner yet to show proof of funds for the rest of it. I know I can raise the capital but I don't want to lie about my situation, or miss out on a potential fire deal. Whats the best way to approach this?