Proof of Funds for first wholesale deal

[Donovan George]

Hi all! We are working our first wholesale deal. We are stuck on the step of having a POF letter ready before making offers. I have read of besttransactionfunding.com to get a free POF but that makes me a little weary as we do not actually have the funds to purchase the house if we should not be able to find a buyer. I have also read of some using their end buyer's POF but we don't have one close enough yet to do so. Any advice would be appreciated. Thank you!

[Allan Smith]

If a seller is asking for pof, one angle to take at this is to consider that they probably aren't that motivated and odds are your deal isn't discounted enough to get a buyer.

there are a few other red flags here but you probably don't want to hear it. Get POF from your end buyer or a hard money lender. Anyone can get a HML.