Menu Sidebar

What is a LOI and POF Letter?



As a real estate investor, you will often find sellers requiring proof of funds (POF) as a condition to either receiving a purchase contract or during a set time period while under contract. If you can’t show these funds as liquidity or available cash, you’ll typically be required to provide a letter from a financing partner (your lender) to show you have the necessary capital to proceed.

Read More

Things To Know When Looking For A Loan

Let’s face it. For the majority of you starting off in real estate investing, finding an external source of funding to purchase (and repair!) your properties is the best route to avoid putting too much capital into any property at once. In fact, even experienced investors who are “property rich, cash poor” often require a loan or creative financing to continue growing their portfolio.

Since bank or credit union loans often require a lot of documentation and take a long time to close, it’s important to have choices. If you are dismayed by the long process involved in acquiring a bank loan, private money/hard money may be a great option for you to secure your desired property with minimal cash down.

Perhaps you’ve decided to pursue a private loan for your next property or one that you currently have under contract. What do you need to know in order to find the best rates and find a lender that works best with your style of acquisition? Read More

Father & Son Lending Blog

About us

We are a father and son team providing private money loans. With over 35 years of experience in the finance and mortgage industries, we’re here to give tips and tricks to make securing a loan even easier.


Email Us:

Call us:
(408) 657-6411

This message is only visible to admins.

Problem displaying Facebook posts.
Click to show error

Error: Unsupported get request. Object with ID 'fathersonlending' does not exist, cannot be loaded due to missing permissions, or does not support this operation. Please read the Graph API documentation at
Type: GraphMethodException
Subcode: 33