Is this true? How do self funded searchers get under an LOI in order to raise capital if it’s common that brokers won’t let us sign an LOI without the proof of funds.
Most searchers probably don’t have the liquid capital to show proof of funds for deals over $2m and would love to understand how others have gotten past this.
Brokers don’t let buyers sign LOI w/o proof of funds?
by a searcher from University of Northern Colorado - Kenneth W. Monfort College of Business
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We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
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