What’s a proof funds (POF) page?


What’s a proof funds (POF) page? Buying an investment property are a process that requires a lot regarding crucial files. In this post, we will fall apart everything you need to find out about you to definitely of your very first documents you should have available when beginning brand new capital process: the fresh proof of financing letter. A proof of loans letter try a file you to a borrower need to and obtain when searching to find a property to fix and you will flip otherwise renovate so you can book-generally any money spent pick in which a vendor should [...]