33 min listen
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
ratings:
Length:
11 minutes
Released:
Feb 28, 2023
Format:
Podcast episode
Description
Making all-cash offers is a powerful tool for investors, but it can be difficult to do if you don't have the cash to back it up. Fortunately, there are ways to make all-cash offers even if you don't have the cash on hand. One way is to get a Proof of Funds letter. It is is a document that shows the seller that you have the funds available to purchase the property.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.If you want more real estate investing techniques check out Brent’s TTP training program for more winning strategies.----------Show notes:(0:54) Beginning of today’s episode(1:52) Hard money starts with a group of wealthy people.(3:29) Hard money Lenders are in business because they want to lend money.(4:12) Reach out to hard money lenders and ask for "proof of funds."(5:45) Having a local hard money proof of funds is more powerful than having more of a national brand. (9:18) It is so powerful to be able to offer motivated property owners a "cash as-is" offer.----------Resources:Double CloseBest Transactional FundingTo speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the TribeGo to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space. Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.It's 100% free to join. The opportunities in this community are endless, what are you waiting for?
Released:
Feb 28, 2023
Format:
Podcast episode
Titles in the series (100)
WIP 100: How to Become a Million Dollar Wholesaler (Part 2): This episode is Part 2 of the collaboration between our own Tom Krol and Joe McCall from the Podcast. If you haven’t already, . RESOURCES: Connect with Joe: | | | | Get a free copy of Brilliant at the Basics: by Rabbi Daniel Lapin ... by Wholesaling Inc with Brent Daniels