Updated about 11 years ago on . Most recent reply
Pre-qualification letter when making offer?
Ive read that offers or more likely to be accepted if you show proof of funds such as a bank statement if paying cash or pre-qualification letter if financing is in place. My question is, that if one is wholesaling the property would this still be necessary? Wouldnt your buyer be the one who would need these items? To me it seems like a catch-22 situation, especially if I dont have the funds and have not applied for financing if no buyer is found.