Hello everyone, please help. We work in Cincinnati, we found a promising Flip deal in a great location. In order to…
Hello everyone, please help.
We work in Cincinnati, we found a promising Flip deal in a great location.
To submit a proposal, proof of funds is required because it is a bank asset.
At the moment, we are unable to present because we are taking a loan for this and will take a little time to fix the matter and we may lose the deal.
Does anyone have any idea how to overcome this hurdle? We want very much to submit a proposal already.
There is someone who can give us a POF but he does not want to be part of the deal.
And the contract and the POF must include the same names.
Some details about the transaction, KNOW Kenya 50K, 80K remodeling
ARV 185K
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There is a way to solve this without breaking the law. Offer him a non-refundable deposit if you're sure you're going for the deal. In this case you will not lose anything and he can feel safe signing a contract with you .. Friends, a little creativity 🙂
Ready to buy the deal for you with a contractual commitment that you will be back with a commission
Or alternatively buy the deal from you in exchange for your fee, of course assuming that the data is appropriate
You ask someone to take some risk for nothing. Why should anyone agree to that? Enter a partner, and give a bit of an ikoti or call a lot of banks or lenders to give you a letter but I'm not sure if that will suffice in your case.
Ready to sell the deal in exchange for commission?
Hello Ron Grinberg. Thanks for the post. Of course, we can not encourage actions that are against the law. In addition, all proposals should be presented on the Forum for the benefit of all. Successfully.