I'm trying to use Matt Larson's technique in puting in offers. My real estate agent just told me that I can't even put an offer in without having a pre-approval letter from a bank or having cash at hand. How is Matt doing this??????? He says he has been investing in real estate for 20 years. (My agent has) How can I do no money down deals? I"m in IL, if that makes a difference.
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Ross, first...get another agent that is investor friendly. Second...go to one of the websites that offer a free proof of funds letter and put a pof letter together for every offer you make. This agent is not up with current ways to buy RE.
Mark
what are those websites that you can get the pof letter?
You can find a proof of funds letter from Costal Funding.