All Forum Posts by: Devan McClish

Thanks for all the replies. I still have the question "can you put a property under contract with no money or no proof of funds?" This is the biggest issue because we don't have proof of funds.

Basically, my partner and I cannot show proof of funds to a bank; therefore, obtaining a loan or mortgage would be near impossible. Also, we have very little funds, so does anyone have any advice on wholesaling with very few funds? Do you have to put a property under contract to wholesale? Do you need proof of funds? How do you go about this is you don't have any money?

A partner and I are trying to get into real estate investor with practically no money. I'm interested in wholesaling. Do I need proof of funds to obtain property to assign a contract? I have also heard to obtain private lending, yet I don't know where to go to get private lending. I don't want to go to a hard money lender if possible. We also can't mortgage a property because of lack of funds. Basically capital is our main issue that has put us at a standstill, so does anyone know or have any advice as far as getting started with very little money to work with? Any advice would be much appreciated