fbpx

Proof of Funds Letters

Proof of funds letters to help you get your house flipping investment off to a quick start

Proof of Funds Letters – Get Under Contract Quickly

A proof of funds letter is your personalized statement that shows we have set aside the funds for your fix and flip real estate investment. Once your transaction goes under contract, we will send our team out and provide funding within a short time frame. Understanding when to use a proof of funds letter and how it fits into your real estate investing strategy is crucial to your success. The best part? Download as many of these as you want, 24/7 and it’ll help you move quickly when you want to make an offer to get taken seriously.

  • 100% Hard Money Financing Available
    If your deal is good enough we’ll fund your purchase, rehab, points, interest, & closing costs.
  • 100% Hard Money Financing Available
    If your deal is good enough we’ll fund your purchase, rehab, points, interest, & closing costs.
  • 100% Hard Money Financing Available
    If your deal is good enough we’ll fund your purchase, rehab, points, interest, & closing costs.
  • 100% Hard Money Financing Available
    If your deal is good enough we’ll fund your purchase, rehab, points, interest, & closing costs.

House Flip Calculator
Risk Free 5-Day Trial

[contact-form-7 404 "Not Found"]

Easy to access. Easy to use. Thank you DHM!

David M, Collinsville, AL

House Flip Calculator Available for Use In

Being able to present a proof of funds letter is crucial to real estate investors. After finding a property on which you would like to make an offer it is essential to move quickly. Do Hard Money is an asset based lender, so getting a verification of funds that contains the correct verbiage is easy.

Proof of Funds Letters Defined

Being able to present a proof of funds letter is crucial to real estate investors. After finding a property on which you would like to make an offer it is essential to move quickly. Do Hard Money is an asset based lender, so getting a verification of funds that contains the correct verbiage is easy.

Real Estate Proof of Funds

When DoHardMoney.com issues a verification of funds letter that in no way indicates that you have been approved for a loan on that property. Our proof of funds letters will always stipulate that the deal needs to meet our lending criteria. What the proof of funds letter tells the seller is that DHM does indeed have money available to lend should the property qualify and the borrower is able to complete all of the other steps that would be necessary for closing to take place. An important component of real estate investing success is timing. Finding the right property owned by a motivated seller is one aspect of that. And those motivated sellers want to know that if they put their property under contract to you that you’ll be able to follow up, so that they don’t lose valuable time or other potential buyers.

Understanding how verification of funds fits into your real estate investing business will help you approach each possible deal with confidence. Once you understand how Do Hard Money’s loan process works you’ll be able to streamline your own processes so you can keep things moving in the direction you need and at the pace you desire. So many new real estate investors don’t understand how to utilize proof of funds letters to maximize the number of deals they can pursue. Because experienced real estate investors will tell you that they usually need to look at 50-100 potential deals in order to find one that will bring them the desired profits having a good lender behind you that can provide the proof of funds letter that the seller needs in order to feel confident that they will put the property under contract.

The importance of getting a property under contract cannot be overstated, as this will allow you to get better contract bids and estimates. It will allow you to obtain the inspections that you need. Having that contract makes it possible to get the information you need about the property title and history. Having the property under contract is necessary for everyone else to take you seriously. Getting the proof of funds for your real estate flip is crucial.