Are there any EMD Lenders?

[Nillion Lambert]

Hello BP,

I am reaching out to inquire about EMD lending. Are there private money lenders who fund EMDs only? Trying to research available options where the effort exists, offers are being accepted, but the credit situation isn't the best. I have 4 offers I can move on right now but I do not have the funds for a "required" EMD. I do not have family or friends that could help (already exhausted that possibility) and I have a PT job that will take some time to accumulate the funds. Any advice would be deeply appreciated.

Thanks In Advance,

[Pratik P.]

My honest question is...why are you even trying to wholesale MLS listings? Why would someone buy a property from you for 110k when they can see the active listing for 100k?

The niche of a wholesaler is finding off-market deals that no one knows about. Why aren't you door knocking, cold calling, writing letters to properties that look like dumps?