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Updated over 6 years ago on . Most recent reply

User Stats

42
Posts
20
Votes
Camron Cottam
  • Rental Property Investor
  • Naugatuck, CT
20
Votes |
42
Posts

Making Offers With Private Money

Camron Cottam
  • Rental Property Investor
  • Naugatuck, CT
Posted

How do you make cash offers on properties that require proof of funds when you are using a private money investor? I am working on my first deal with a private money lender and using the BRRRR strategy.

Will I need them to provide me with their bank statement? Does it matter that it is their name on the bank statement and not mine if I am purchasing the home under my name? What if they are not willing to provide a bank statement? 

  • Camron Cottam
  • Loading replies...