Skip to content

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
BPCON2026 Orlando

October 2 - 4 Early Bird tickets are now ON SALE. Purchase your tickets today and save $100!

Get tickets
BPCON2026 Orlando

October 2 - 4 Early Bird tickets are now ON SALE. Purchase your tickets today and save $100!

Get tickets
Followed Discussions Followed Categories Followed People Followed Locations
Detroit Real Estate Forum
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 almost 5 years ago on . Most recent reply

User Stats

10
Posts
2
Votes
John McCoy
2
Votes |
10
Posts

Bank statement/proof of funds

John McCoy
Posted

Hello, so I am still fairly new to wholesaling in Detroit and I need some advice on what to do when a seller asking for proof of funds/bank statements when I do not have the money?

Most Popular Reply

User Stats

974
Posts
637
Votes
Mason Hickman
  • Real Estate Agent
  • Sandwich, MA
637
Votes |
974
Posts
Mason Hickman
  • Real Estate Agent
  • Sandwich, MA
Replied

@John McCoy

Yes, be upfront with the Seller with whatever you plan to do. Let them make an informed decision if they want to work with you; don't hide what you're actually going to do. 

Loading replies...