Need Help!?
I have put a couple offers in on undervalued properties but they keep telling me the same thing. You need to put a pre-approval letter from your lender in with the buyers contract. I don't know what to do. I don't have the credit to get pre-approved for the kind of money these houses. Any ideas???
Thanks
Jar
How are you going to buy the property, the sellers just want to know that there not going to be stuck with contract with no money and there house off the market. If it's cash, show a bank statement or if it's hard money have them write a letter. It's pretty normal for the sellers to want to know where and how you are going to buy the properties.
Lance