Proof of Funds

Proof of Funds

If the goal is to be making 25 low offers per month, do we need to print out a 25 different Proof of Funds letters or may we reuse the same letter multiple times? If so how many times?

Thanks,

Greg

__________________


Depends

Depends on what POF your using. If it's from a private lender, then you just have to update the date every couple months & I also think this is the best POF to use. Find someone who has cash in an acct. It's not like your going to get an offer excepted & wire their funds into escrow, without them knowing.
Also, hope your studying your market as it has been shifting left & right.
In my market "SD", just dropping offers is hard to accomplish. It's a people's business. Call agents & get to know them. You have to dig deep & not be afraid too. Or better yet, focus on getting to distressed home owners with equity, then you don't have to worry about POF.

__________________

Jason S.
San Diego, CA.
**All CASH House Buyer!**
Refer Us To Neighbors, Friends & Family, Earn $1,000
LIKE my FB page http://www.facebook.com/JandBHouseSolutions


Find Short Sales

Hey Greg, Just read your profile.
1st, good job for having some info in your profile. I see your up in L.A..

2. If you come across some distressed sellers looking to short sale, give me a ring or shoot me a message, asap. Good time at the end of the year to pick up some deals, especially with the possibility of the debt forgiveness act ending.

So Either get to the home owners or find the agents that are failing at the short sales & they will do whatever to keep their listing & stop the foreclosure for their seller. That's when we'll come in & get it done!

__________________

Jason S.
San Diego, CA.
**All CASH House Buyer!**
Refer Us To Neighbors, Friends & Family, Earn $1,000
LIKE my FB page http://www.facebook.com/JandBHouseSolutions


Re:

Yeah, what Jason said. I second that. Eye-wink

__________________

Rick Allison, Realtor
Amarillo, Texas USA

Find comps, private lenders and cash buyers nationwide: www.TheRealEstate.PRO

Foreclosure and pre-foreclosure search engine: http://tinyurl.com/b6w7h6o

The People Helping People Movement: www.greatEPXsite.NET