can you get a LSR or proof of funds from a transactional lender?

Bird Dogs, Wholesaling
1

I want to start wholesaling REO’s but I need proof of funds or LSR to even submit an offer.
Could I get one from a transactional lender? (money for a day type deal).

and if im doing double closings will that get around the non assignability of REO’s?

Thanks!

-Jesse

2

Don’t quote me! Most transactional lenders will provide a POF, providing that you have an end buyer lined up. They area great option to go to for flipping wholesales and short sales. I recommend you call around and tlak to a few of them.