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Updated almost 7 years ago on . Most recent reply

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13
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2
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Cory Ward
  • Rental Property Investor
  • Tacoma, WA
2
Votes |
13
Posts

my first deal attempt

Cory Ward
  • Rental Property Investor
  • Tacoma, WA
Posted

So i have been trying to get into real estate investing since December of last year. i went to a 3 day boot camp which i believe i spent too much on for the inf i got. i recently discovered bigger pockets and have spent every waking moment listening to the podcasts along with a couple of audio books. i recently decided to pull the trigger on  my first deal. i plan to use hard money loans and potentially some private money for gap funding assuming my offer will get accepted. i have hit a road block (kinda) and would like some advice. i was told by my realtor that i need proof of funds before putting in the offer. now since i did the 3 day boot camp for the nick vertucci real estate investing i was told i could get pof through them. i would like to avoid using that unless that is the best method.... how do you show proof of funds when you plan on using hard money plus other funding? any advice would be greatly appreciated. ill happily discuss the deal with anyone who would give me the time. thank you in advance for any help.

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