Realtor Proof of Funds

2 Replies

I am interested in using private lending to get my first deal done. I dont have anything secured yet. I want to find the deal and then present it to a lender. How can I get a realtor to work with me if I don't have proof of funds? 

You won't, assuming you have an informed seller/listing agent. You at least need some kind of preapproval, say for a set %LTV, as with a standard loan preapproval.

Originally posted by @Sulaiman Shah :

I am interested in using private lending to get my first deal done. I dont have anything secured yet. I want to find the deal and then present it to a lender. How can I get a realtor to work with me if I don't have proof of funds? 

 A lot of hard money lenders have fake preapprovals you can generate on their website yourself in like 2 minutes. Any experienced agent will spot it a mile away, a noob might not.