Updated over 4 years ago on . Most recent reply
How do I provide proof of funds
I believe I’ve found a good deal and need help establishing proof of funds in order to get house under contract how do I do this The house is destressed being sold at 25,000 but neighborhood comps are 150,000 up
Most Popular Reply
@Oliver Ridgle Congrats on finding a property to invest in.
I've traditionally shown a bank or investment account with the necessary funds to cover the transaction as a proof of funds, if you are paying all cash. Otherwise, a prequal or preapproval letter from a lender will also work if you are financing the transaction.
Best of luck!



