Proof of funds

Go here, http://www.insiderscash.com/index.php
Pick your country,
watch the videos,
Print.

You can also go to coastal-funding.com. Both suggestions are transactional funding companies and are great resources for a POF.

if you know someone who has enough funds in their account, ask if you can borrow a copy of their statement to show as proof of funds... if you get a deal from it, you can pay them a small fee for the favor; they will be happy to do it again

If you have a list of buyers and a list of motivated sellers, but no proof of funds or earnest money what do you do to get the property under contract? How can you get a qualifying letter at least, from a HML or private investor?

A document that demonstrates that a person has the ability and funds available to use for a transaction. It usually comes in the form of a bank, security or custody statement. The purpose of the document is to ensure that the funds required for the transaction are obtainable and legitimate.

Remember a Proof of funds letter is a formality invented by banks. The actual looks of the document are not important, so a good looking document is not relative to it's purpose.

Randy Bailiff
Dean Graziosi Real Estate Investment Coach

Thanks Randy,

Proof of funds is the term I hear a lot from realtors or the most commonly in my area.
The realtors that I have dealt with in the past have used that term frequently and shy away form verbal offers. Would a qualifying letter with no commitment be ideal from a private lender or other money source prove as valid to make offers?