Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

3
Posts
0
Votes
Tyyota Germain
0
Votes |
3
Posts

EMD [Earnest Deposit]

Tyyota Germain
Posted

Is their any EMD funding for beginner wholesaler? And if not, how can I negotiate the deposit? So far the deposits they want is 5k minimum, I know someone who only put $100 as for the escrow deposit and I'd like to know how to be exact.

Most Popular Reply

User Stats

23,418
Posts
13,512
Votes
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,512
Votes |
23,418
Posts
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

@Tyyota Germain Yeah, the problem is you’re dealing with informed sellers/agents.  If you want the $100 EM deals you need ignorant sellers....off market.

Loading replies...