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Creative Real Estate Financing
Account Closed
  • Brooklyn, NY
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Proof of funds question

Account Closed
  • Brooklyn, NY
Posted Apr 29 2015, 22:22
Hey everyone, I wanted to bid on a foreclosed property and the real estate agent required me to submit proof of funds as an investor. I don't have the funds for it however my partner does and he will pay for half the value of the property. We're trying to have a mortgage on the property under my name to get a good rate as a first time home buyer. Did anyone come across a situation like this? What ways can I provide proof of funds if I personally don't have it? Thanks in advance.

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