How To Get A Proof Of Funds Letter And Use It For Making Cash Offers

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In this video, you'll learn how to get a proof of funds letter and how to use It for making cash offers.

Proof of Funds Letter Included with Pro and Prime Levels of Flipster Software. Go Here to learn more:

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Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age of 30. Today he's the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate.

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Get a good relationship with buyers. My buyer gives me hard proof of funds to deal with agents. Build a good relationship with your buyers. It’s about relationship, bring them good deals and you will be good!

Yeshuaservant
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You are like the GOOGLE of REI. I can almost guarantee if I type a question in YouTube regarding investing, you have a video on it. #flippinggenius

FaeganAdams
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I love how you just explained something most people would struggle to explain. I was smiling when you kept almost starting to laugh, about agents demanding hard POF's. Lol. This is an amazing way to get around POF's with Flipster! I can't wait to join!

catbishop
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I was thinking about this part of the deal and you have the video for it too. Thank you.

cottondai
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Wow very interesting I've always thought a POF was just a POF. Didn't know there were two different kinds of POF. Once again you just educating me on something I didn't know before.

jermon
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question: so if my offer gets accepted with your soft POF but I'm planning on wholesaling it, and the agent does want a hard POF, I would ask my cash buyer for a hard POF immediately to submit to my agent correct ? so now they have a hard POF that what they where looking for

juanacerna
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Hey jerry, i bought flipster and upgraded it for the proof of funds feature and i cannot find it

bestmemeandclipspage
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You're amazing.I plan to get Flipster in the near future. Thanks!

titilili
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So is it possible to provide a SOFT POF prior to finding the buyer, and use it to represent the buyer?

chasethemoney
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thanks for the break down your a fliping genius jerry

dmayo
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I have flipster just bought today i need to know where to go on the site to access the POF letter please help

ryanthomas
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You dont get unlimited POF letters with the $97 Flipster subscription,
You need the $197 subs, or the $297 for unlimited POF letters.


Love you Jerry !

Bryan.bluedream
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So, Jerry, while it's a great approach to opening a transaction - the soft money approach is still effectively a "contingent" offer even though it's an alternative lender/investor who's providing the "cash". The contingency being that the buyer needs to obtain final approval to fund the deal (i.e, the pending hard approval). Correct? It seems, therefore, like this contingency should be distinguished in the purchase contract since it's not an all-cash offer as interpreted in the traditional sense. Otherwise, one would need to rely solely on other due-diligence elements and timelines as a legal means to withdraw from a contract (if they couldn't find a lender to commit to the deal). Am I tracking correctly here?

brucecaico
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How can i get the Pro Flipster? I don’t see it being an option at checkout.

osvaldosegura
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Is this for when u are buying the house? Or I need a hard pof to wholesale it as well

Fmjtrucking
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So basically, new wholesalers shouldn't be working with agents for this reason among many AND if a SELLER is asking for pof they're not motivated.

PsychologyGeek
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This is good info. I am not into RE Investing but I am in search of a company to buy. This is the exact same process. Good stuff.

SlimLighty
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I would just go to the potential buyer for proof of funds rather than spend time with an empty document that promises no money if I do get the deal under contract.

suewat
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Thanks for the info Jerry. You have great content and its easy to catch on the way you put it out there. You are a flipping genius!

Trigga
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You are the best Jerry thank you so much for all the information god will keep blessing you.

renevillalobos