HOW CAN I MAKE AN OFFER ON A BANK OWNED PROPERTY USING HARD MONEY? IF ANY ONE KNOWS COULD YOU EXPLAIN IN SOME DETAIL. THANK YOU IN ADVANCE!
You just make the offer as you normally would. The lender will need a lender letter (usually) with your offer and the hard money lender can provide that to you. Your financing really doesn’t have anything to do with the offer.
SO, A HARD MONEY LENDER WILL PROVIDE ME WITH A PROOF OF FUNDS LETTER?. I ASK BECAUSE I HAVE SEEN ADS STATING;PROOF OF FUNDS REQUIERED WITH OFFER.
Yep they sure will.
THANK YOU FOR YOUR HELP. :biggrin
Sure thing. Good luck! :beer