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Updated almost 14 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Investor
  • from St. Albert, AB
  • Member since Jul 30, 2011
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Investor
  • from St. Albert, AB
  • Member since Jul 30, 2011
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Account Closed
  • Real Estate Investor
  • St. Albert, AB
0
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Real Estate Deal Analysis & Advice

Proof Of Funds

Account Closed
  • Real Estate Investor
  • St. Albert, AB
Posted

Question:

Should one accept a POF letter to the tune of 40M before you submit a ROI investment plan covering a 2-5 year plan?

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James Vermillion
  • from Lexington, Kentucky
  • Member since Oct 24, 2009
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James Vermillion
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James Vermillion
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James Vermillion
  • Lexington, KY
Replied

Ezra,

You should not get involved in this deal whether it is legit or not. If it is not legit, you may end up getting screwed over due to your wanting to cash in on this unbelievable situation. If it is legit, you in no way shape or form should invest this persons money, as you are not nearly experienced enough to do so and do not even know where to start. Why don't you try to get some smaller scale things under your belt and work your way up, then you will have the experience and skill to do so.

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