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Account Closed
  • Property Manager
  • Baton Rouge, LA
195
Votes |
2,113
Posts

Flipping in Baton Rouge, Louisiana

Account Closed
  • 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?

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146
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114
Votes
Tami DuBose
  • Lender
  • Prairieville, LA
114
Votes |
146
Posts
Tami DuBose
  • Lender
  • Prairieville, LA
Replied

@Account Closed - 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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