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Updated almost 9 years ago on . Most recent reply

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2,113
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195
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Alex Hamilton
  • Property Manager
  • Baton Rouge, LA
195
Votes |
2,113
Posts

Flipping in Baton Rouge, Louisiana

Alex Hamilton
  • Property Manager
  • Baton Rouge, LA
Posted

Hello BP Community

Anyone with experience in Louisiana Real Estate markets. Need advice on where, when, and how a Proof of Funds letter used or found in Louisiana. On my flips, always paid more than 1/2 of sales price or full price, and done rehab out of pocket. Thus never needed POF Letter.

Is this some Louisiana Law or just perk of the Seller?

Most Popular Reply

User Stats

143
Posts
114
Votes
Tami DuBose
  • Lender
  • Prairieville, LA
114
Votes |
143
Posts
Tami DuBose
  • Lender
  • Prairieville, LA
Replied

@Alex Hamilton & @Robert Leonard - Guys, I'm piggie backing on your post. You both know I'm lending Baton Rouge Hard Money now. I'm going to encourage Baton Rouge, Ascension & Livingston investors to ask you guys about my integrity. 

Robert know me best. Alex & I meet occasionally at the local REIA (Baton Rouge RING).

Baton Rouge & surrounding parishes now have a local, face to face money source. 

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