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Updated about 10 years ago on . Most recent reply

John Thedford's profile image
John Thedford's profile image
John Thedford
  • #5 Wholesaling Contributor
  • Real Estate Broker
  • from Naples, FL
  • Member since Feb 7, 2013

User Stats

9,365
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John Thedford's profile image
John Thedford's profile image
John Thedford
  • #5 Wholesaling Contributor
  • Real Estate Broker
  • from Naples, FL
  • Member since Feb 7, 2013
John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
6,552
Votes |
9,365
Posts
Private Lending & Conventional Mortgage Advice

I Keep Getting Request For Proof Of Funds Letters

John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
Posted

I have had several investors or wannabe investors request I provide them with a POF letter. I have no idea if this obligates me to make a loan. I am not comfortable offering one without a specific transaction in mind. Thoughts?

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