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In today's video tutorial, the importance of having a Proof of Funds for wholesale deals is discussed. A Proof of Funds can be a letter, bank statement, or screenshot showing access to funds. This documentation is necessary when wholesaling houses to show proof of funds for the deal. Without it, offers may not be taken seriously. The video covers how to obtain a Proof of Funds for free without using software or paying for it, as well as explaining what a Proof of Funds Letter is and why it is important.