Proof of Funds Letters

Instant Proof of Funds Letter For Your Fix and Flips
Verification of Funds When You Need It
House Flipping POF Letter That Will Allow You To Make An Offer Today
24/7 POF Availability For Serious House Flippers
A Crucial Step To Get Our 100% Financing

Proof of funds letters. Get under contract quickly.

A proof of funds letter for real estate investment is your personalized statement that shows we have set aside the funds for your fix & flip real estate investment. Once your transaction goes under contract, we will send our team out and provide funding within a short time frame.

Understanding when to use a proof of funds letter and how it fits into your real estate investing strategy is crucial to your success.  The best part? Download as many of these as you want, 24/7 and it’ll help you move quickly when you want to make an offer to get taken seriously.

Get instant credibility.

Proof of funds letters show the seller you mean business.

Easy 24/7 access.

Access as many proof of funds letters you would like. Any time. Instantaneously.

Signed & corporate stamped.

Do Hard Money approved.

Simple cancellation.

Cancellation is a click away should you decide they’re not for you.

Printed on official letterhead.

It’s legit. No joke.

Secure payment.

All orders are through a secure network. Your credit card information is never stored in any way.

30 day guarantee. No questions asked.

If you are unhappy for any reason with your real estate investment proof of funds program purchase, get your money back.

Frequently asked questions about proof of funds.

Once a property is listed as for sale, the seller wants to attract as many potential buyers as possible to increase the chances of it selling quickly. They’ll not want to do anything that will jeopardize that action taking place. As they are fielding queries about that listing, one of the most important things they’ll be asked is about the availability of the property. They’re only going to want to have to tell people it is under contract if they’re relatively sure of the buyer. And that is where the verification of funds letter comes into play.

A seller is not going to want to turn away interested parties unless they feel good about any offer they may have accepted. One of the most important aspects of that is being assured that the buyer will have the money to complete the purchase. And that is where a proof of funds letter comes into play.

A seller wants something other than a promise and a smile from the buyer. A properly worded verification of funds letter will give the seller the confidence to put their property under contract.

When it comes to real estate investing, knowing how to properly word your proof of funds letters is crucial to gaining sellers’ confidence and trust.

This type of POF differs from the kind you would get if you were trying to get a mortgage.

No. A proof of funds letter and preapproval are two separate things. A POF letter states that the money is available for the property purchase should specific criteria be met. That is something that you need to understand. When you download a POF from DHM, we’re not approving a loan and we’re not even saying that the deal you are pursuing is a good deal. Real estate investment revolves heavily around you researching to decide that a property is worth pursuing. A verification of funds letter gives the property seller enough confidence to allow you access to the property in order for you to complete your due diligence. They’re not going to let just anyone send in appraisers, contractors, and inspectors. But those are the next steps you’ll need to take in order to determine whether or not the deal has a good chance of being profitable.

A preapproval letter is not the same thing.

An important component of real estate investing success is timing. Finding the right property owned by a motivated seller is one aspect of that. And those motivated sellers want to know that if they accept your offer that you’ll be able to follow up so that they don’t lose valuable time or other potential buyers.

After you have determined that you want to make an offer on a property, the next step will be obtaining your proof of funds to show the seller so that you can get it under contract and begin a much more thorough due diligence on the deal.

If you are needing a proof of funds letter for a real estate investment, specifically for a rehab investment, then the easiest and best answer for this is to use our Proof of Funds Service.

When we issue a verification of funds letter, that in no way indicates that you have been approved for a loan on that property. Our proof of funds letters will always stipulate that the deal needs to meet our lending criteria. What the proof of funds letter tells the seller is that DHM does indeed have money available to lend should the property qualify and the borrower is able to complete all of the other steps that would be necessary for closing to take place.

Understanding how verification of funds fits into your real estate investing business will help you approach each possible deal with confidence. Once you understand how Do Hard Money’s loan process works you’ll be able to streamline your own processes so you can keep things moving in the direction you need and at the pace you desire. So many new real estate investors don’t understand how to utilize proof of funds letters to maximize the number of deals they can pursue. Experienced real estate investors will tell you that they usually need to look at 50-100 potential deals in order to find one that will bring them the desired profits. This makes having a good lender behind you that can provide the proof of funds letter incredibly important.

The importance of getting a property under contract cannot be overstated, as this will allow you to get better contract bids and estimates. It will allow you to obtain the inspections that you need. Having that contract makes it possible to get the information you need about the property title and history. Having the property under contract is necessary for everyone else to take you seriously. Getting the proof of funds for your real estate flip is crucial.

Do Hard Money WANTS to fund your deal! Once you’ve determined it is time to move forward, you can fill out a loan application and schedule an appointment to discuss the viability of your deal and proceeding with the evaluation and funding. If you want to speak with a member of our team before getting the property under contract, we can discuss some options with you.

Members of our Find-Fund-Flip System and those with a property under contract can run numbers with a member of our loan team to determine whether or not to proceed with a deal, conduct more due diligence, and walk through with your contractor. Because we are experienced in fix & flip investments, we can guide you in ways that another lender cannot. Getting a proof of funds letter from a lender specializing in funding for new investors is also helpful. In working with thousands of beginning house flippers, we have come to recognize common mistakes that first-timers make.

Ready to get started with proof of funds?

Proof of funds letters are available for:

  • Alabama
  • Georgia
  • Illinois
  • Indiana
  • Maryland
  • Michigan
  • Missouri
  • New Jersey
  • North Carolina
  • Ohio
  • Pennsylvania
  • South Carolina
  • Texas

Being able to present a proof of funds letter is crucial to real estate investors. After finding a property on which you would like to make an offer, it is essential to move quickly. Do Hard Money is an asset-based lender, so getting a verification of funds that contains the correct verbiage is easy.

*Obtaining a Proof of Funds Document from DoHardMoney does not guarantee funding for that property or for any deal.