You're listening to Wholeselling Inc. episode number 1832.

The first step in building the relationship with the hard money lender is to reach out and ask

for a proof of funds. The reason that they're called hard money, which sounds harsh, is because

they lend based on the property and hard asset. It's not based on you.

This is game-changing information guaranteed to raise your real estate wholesaling business

with actionable steps you can take immediately to navigate the ins and outs of wholesaling

and start making money today. Join us as we put our guests in the hot seat and dive deep to dissect their strategies

for success to enable you to duplicate their results.

You're listening to Wholesaling, Inc.

The only show dedicated to making you a fortune in wholesaling.

One of the most powerful tools that we have in our offer arsenal is to make all cash offers.

But how are you supposed to make all cash offers to motivated property owners if you don't have the cash to buy it?

It is very common for real estate agents and homeowners

to ask for something called a proof of funds.

They want you to prove that you can actually purchase the property.

I'm gonna explain proof of funds

and I'm gonna show you three easy and free ways

to get your hands on a really solid proof of funds. When I first heard the term hard money, I was really freaked out about it because I thought it was like a loan shark.

You know, like the movies where they lend you money and you have to pay them back in like a couple of days with like super high interest rate or they're going to come and find you and break your knees or something like that.

That's not what this is. This is a very common practice in real estate investing because what it

really starts with is a group of wealthy people. Well, wealthy people have excess funds and they

don't want to keep it just in a regular conventional bank account because they're not earning any

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