WIP 1157: Wholesaling Quicktip - 3 FREE Ways to Get a Proof of Funds Letter
WIP 1157: Wholesaling Quicktip - 3 FREE Ways to Get a Proof of Funds Letter

WIP 1157: Wholesaling Quicktip - 3 FREE Ways to Get a Proof of Funds Letter

Zano Uirab

10 min
Entrepreneurship Strategy
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<p>Making all-cash offers is a powerful tool for investors, but it can be difficult to do if you don&apos;t have the cash to back it up. Fortunately, there are ways to make all-cash offers even if you don&apos;t have the cash on hand. One way is to get a Proof of Funds letter. It is a document that shows the seller that you have the funds available to purchase the property.<br/><br/>Brent Daniels has three simple and effective ways to get your hands on a Proof of Funds letter that will help you in your offer arsenal.<br/><br/>If you want more real estate investing techniques check out Brent’s <a href='https://www.wholesalinginc.com/ttp/'>TTP training program</a> for more winning strategies.</p><p>----------</p><p>Show notes:</p><ul><li><b>(0:54) </b>Beginning of today’s episode</li><li><b>(1:52) </b>Hard money starts with a group of wealthy people.</li><li><b>(3:29) </b>Hard money Lenders are in business because they want to lend money.</li><li><b>(4:12) </b>Reach out to hard money lenders and ask for &quot;proof of funds.&quot;</li><li><b>(5:45) </b>Having a local hard money proof of funds is more powerful than having more of a national brand. </li><li><b>(9:18)  </b>It is so powerful to be able to offer motivated property owners a &quot;cash as-is&quot; offer.</li></ul><p>----------</p><p>Resources:</p><ul><li><a href='https://www.doubleclose.com/'>Double Close</a></li><li><a href='https://besttransactionfunding.com/'>Best Transactional Funding</a></li><li>To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call <a href='https://wholesalinginc.typeform.com/to/omDnxk?source=Website&amp;product=Rhino&amp;medium=HomePage'>here</a> to learn about our mentorship programs and become part of the Tribe</li></ul><p><br/></p><p>Go to <a href='https://www.facebook.com/groups/wholesalinginc'>Wholesalingincgroup.com</a> to become part of one of the fastest growing Facebook communities in the Wholesaling space. <br/><br/>Get all of your burning Wholesaling questions answ

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