Back when I started investing - yeah it has been over 9 YEARS ago - I remember one of the toughest things I dealt with was when a house was listed. Why? Because the agent that listed the property ALWAYS wanted a "Proof of Funds" Letter. Now - to be fair it is because they had to protect the best interests of their seller - I get that now but I sure hated it back then. You see - I never had a penny to rub together and I couldn't get a loan even if I tried. And I darn sure didn't want to lie on an application because that can get you into a world of hurt. Now - the 2nd hardest thing was - … [Read more...]