Comments on: How Angel Investors Decide Who to Fund (Premium)

By: Richard & Michelle Odessey

Richard & Michelle Odessey — Tue, 28 Apr 2009 16:08:59 +0000

Poor credit is not necessarily a barrier to getting a proof of funds letter. For example, if you need the POF for a short sale, we have a lender who will supply that (coming to the Investor Wealth Network in next week or 2). Also, if you incorporate as a business you can establish a separate credit profile in the name of your business that is independent and will not report on your personal credit.

By: John Purcell

John Purcell — Wed, 22 Apr 2009 01:56:18 +0000

i am wondering if it is feasible for me to get a proof of funds letter.I have never
even started a realestate deal.My credit is in the 530′s,becuase I gave up on paying.I have a negotiator,who reducing the amonts and withdrawing from my paycheck.I do not know of anything good for the form which you provided.

By: John Purcell

John Purcell — Mon, 20 Apr 2009 03:06:28 +0000

I do not have any of the five Angel investor requirements.I am looking for my first profit from which I can invest in more investor resources.

By: Richard & Michelle Odessey

Richard & Michelle Odessey — Sun, 05 Apr 2009 18:00:28 +0000

The question of what LTV an investor requires to invest in a real estate deal depends on what kind of investor you’re talking about. Institutional lenders are now funding no more than 80% LTV. Hard money lenders are down in the 50-60% LTV range. However, a private lender may not have an issue with funding up to 100% of the acquisition costs. The reason is that the hard money lender may feel that the returns and risks are still worth it. Especially if there is a solid, believable exit strategy–that is often the key, along with solid team to carry out the plan.

By: Theodore Sawchuk

Theodore Sawchuk — Tue, 31 Mar 2009 03:45:24 +0000

Terminology of” LTV”? As in, investor providing loan for down payment,and being at 100% LTV, and therefore has very little equity protection, if things go arria.