How To Get A Proof of Funds Letter For Wholesaling (FREE!)

Here’s EXACTLY How To Get A Proof of Funds Letter For Wholesaling For Free so you can make Cash Offers without paying for software, without any experience, & without making any cold calls. Hope this makes it simple to get your Proof of Funds for real estate!

In this video, Alex Martinez shares “What Is A Proof of Funds Letter?”, “Why It’s Important To Show Proof of Funds To Be A Pro At Wholesaling?,” and “2 Ways on How To Get A Proof of Funds Letter For Free Instantly”.

We put in a lot of effort into this video to make sure you’re able to immediately get a free Proof of Funds Letter for wholesaling houses. The strategies covered here will work for you regardless if you’re advanced or a beginner!

If you’ve been wondering How To Get Proof of Funds, then this is the perfect video to watch, understand, & implement!

👇 As mentioned, you can check out the links below to stack your knowledge of wholesaling!

💰Download the “2 Ways To Get Your Proof of Funds Instantly Step-by-Step Cheatsheet” here:

🏠Watch our FREE Training on How To Get Started Wholesaling & Flipping Houses WITHOUT Spending $1 On Marketing Here:

^Download this so you always have the exact steps for getting Proof of Funds Letters for your wholesaling & flipping business!

What is a Proof of Funds Letter?

A Proof of Funds (POF) is a letter, document, or bank statement proving that a person or company has the financial ability to perform a real estate transaction. When wholesaling & flipping houses with real estate agents, most agents require you to submit a Proof of Funds with each & every offer you submit. This is because realtors want to verify you have the (or access to) cash on hand in order to close the deal.

A POF Letter can be a PDF or even a screenshot of a bank statement.

Keep in mind that your Proof of Funds usually needs to be from within the past 30 days. For example, if you're submitting an offer on July 31st, then the Proof of Funds submitted with your real estate offer needs to be from July 1st, at the latest. 30 days is the standard window that most real estate agents deem as acceptable for approving your proof of funds.

Why is the Proof of Funds necessary for being a Pro at Wholesaling?

If you never understand why the proof of funds is important to have & show, then you’ll always be an amateur at wholesale real estate. See, the amateur never gets a Proof of Funds & once an agent asks for a POF they go radio silent because they do not know how to get one. This typically destroys all rapport & momentum built with the agent up until that point. This means all of your hard work can go wasted if you do not know how to quickly get a Proof of Funds for every offer you submit.

On the flip side, Pro Wholesalers understand how to easily & quickly get our Proof of Funds first before submitting offers so that we never run into future issues, like an agent asking for our Proof of Funds when we do not have one!

This is what being a Pro Wholesaler is about. This is why we consider the Proof of Funds as the “Golden Ticket” - because it gives you the official credibility needed to be able to submit offers on property without any questions asked. This is why & how YOU will stick out from the rest of the pack. Having a proof of funds letter with each & every cash offer will make you credible & get you taken seriously.

2 Ways on How To Get A Proof of Funds Letter For Free Instantly

Be sure to watch the video for step by step instructions on how to get unlimited proof of funds letters instantly by utilizing efficient proof of funds generators online. In the video, I shared my screen to show exactly how to fill out the proof of funds correctly for your cash offers & wholesale deals.

^Now you’ll have the step by step instructions on you at all times!:

CHAPTERS:
0:00 Intro
0:23 What is a Proof of Funds Letter?
1:15 Why is the Proof of Funds necessary for being a Pro at Wholesaling?
4:45 How To Get A Proof of Funds Letter Instantly (1st Walkthrough)
12:18 How To Get A Proof of Funds Instantly (2nd Walkthrough)

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📝 Disclaimer:
This video is not personalized financial or legal advice for the viewer.

[Prophet]

First off... Thank you... For not paywall-ing this information. There are other vets in the business that are respectable in their own right, but rope people into buying into a monthly membership fee ($100) just to have access to these documents without mentioning alternatives. Little things like this get people stuck in analysis paralysis if they know they're missing things like this before getting started. Myself included as I was expecting having to break down and just fork over the $100 to have access to POF Letters. For someone just starting out, with very little cash to work with... $100 makes a difference, it really does. So again, thank you for this information.

[KO-cjci]

So are they verifiable funds? I thought agents verified funds.

[BlessedSamuel-bf]

Hello... I am able to do this virtually?

[goflo]

What if we’re making multiple offers in a short period of time?

[janjaylangelo]

Alex, your parents raised you well! Wherever they are I'm very sure they are 100% proud of you for getting these GOLDEN or should I say PRICELESS information and tools for free. These information is so valuable for someone with not enough funds to be REI. Thank you, Thank you☺️. Thank you☺️. GOD BLESS YOU MORE!!!

[cthomas]

Wow man. Wow. Can't believe you freely gave this info. Everybody else wants to charge. Thank you, thank you, thank you, thank you.

[angelvazquez]

Wow..I've been studying videos for 3 months now..even at work🤫. Your the only person who gave a step by step to find POF letters. Than you so much

[cuhhrizma]

I been watching your videos past 2-3 days and it’s helped me so much understand more with step by steps and the information needed to get started, Thank you 🤞🏽

[CEO.Martin]

Thank you so much 😊 just secured the document I need for a $250k assignment fee

[joshnicef]

Appreciate you breaking everything down. I've watched your step-by-step video on wholesaling so I'm currently on step 1 ready for this journey.

[Niiji]

Alex, all I can say is thank you so very much! I have been scouring the internet looking for just this one thing. And here, you have provided not one, but two sources for proof of funds! As a token of my appreciation of I have like, subscribed and hit the bell icon. Much more success to you!

[LexDiamonzz]

What if the agents decide to call/contact the Funding Company?

[carriefrechette]

Thank you so much for these videos. You are not only building your personal kingdom, but are building a kingdom in heaven for helping all of us just beginning our wholesaling journeys. Very much appreciated!!!

[jacobkcorbett]

Thank u so much. I was really confused when I found out I need a POF cause I always understood that it didn’t require my own money to wholesale a property. You did a great job explaining!
Just one more question

If I end up not finding a buyer in the thirty days I have on the contract I sign and have them sign, can I still pull out? Would I be able to walk away?

[vibraVate]

Question why would we need a proof of funds letter if we’re not actually buying the property

[ryanzomorodi]

Epic tips for getting a proof of funds letter (POF) when you're submitting offers on properties! Perfect for both wholesalers and real estate investors. Thanks for the clear, concise, and quality video as always!

[Iamralphg]

Is this consider fraud ? Can we get sue if they call us out on it or if I don’t sign the contract or how does that work ? I’m learning the game and just trying to figure it out

[anthonymuhammad]

Thank you, a seller today was asking me a POF, life saver.

[michaelrojan]

Thanks Alex !! All of us aspiring Wholesalers needed to see this.

[Stallion.]

Hi Alex ! I really like the way you prepare and make your videos on this platform. You are being very helpful to those out there, including myself, that wants to make a career and a success of real estate investing, property Wholesaling, fixing & flipping etc.
Its good to see there are people and leaders out there, that are not selfish with their success and how they achieved it, but are willing to share and help others genuinely to also achieve. thanks Alex, you being a great guy.
I wish you more & more success with whatever you decide to do with your life, and those that you love, also included.👌 U go boy ! 👍