Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 14 years ago on . Most recent reply presented by

User Stats

10
Posts
0
Votes
David Smith
  • Naples, FL
0
Votes |
10
Posts

Private financing letter for offer on a house

David Smith
  • Naples, FL
Posted

I am going to make an offer on a house where I am putting 50% down and my friend is going to loan me the remaining money in a private financing deal. What sort of letter do I need from him to present when I make the offer? And does anyone have an example of that?

Thank you!

Most Popular Reply

User Stats

308
Posts
92
Votes
Chris Colvard
  • Wholesaler
  • Dallas, TX
92
Votes |
308
Posts
Chris Colvard
  • Wholesaler
  • Dallas, TX
Replied

If they want more proof, then give them a copy of the bank statement with account numbers and confidential things blacked out. This can be attached to your cover letter.

Loading replies...