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 […]
If you’ve been in real estate for a while, you’re more than familiar with these terms. ARV, LTV, LTC, LOI, ROI, NRA…Ok that last one was a trick, but let’s put the Investopedia down and take a hard look at what these terms mean for you.
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 […]