I finally got an OK on a foreclosure property which gives me 30 days to fix up the house before i have to come up with the money on hand. I have already gotten the work set up to take about 9 to 10 days so it gives me almost 20 days to sell the house. My problem is however coming up with a letter to show i have proof of fund, when in fact i don't have any.
I found a friend that has a property with 90,000 in equality. What type of format or wording should i use so he can stat he will give me the money if repairs are made.
I am looking to buy some time so i can start on the property repairs.
Thank you again guys