You do not need a property to begin.  The first step, whether or not an investor already has a property under contract, is to get prequalified.  In fact, we encourage our investors to prequalify prior to finding a property.  If a borrower is already prequalified prior to placing an offer, Equitymax can supply them a Proof of Funds letter to submit with their contract.  We find this proactive process maximizes the chances of a borrower having their offer approved by the Seller.  If you’d like to get prequalified, click here.