End-buyer earnest money deposit....
Hey fellow investors!
When negotiating a contract assignment with your end-buyer, what is the criteria used for determining how much of an earnest deposit to ask for, in order to insure the end-buyer has some skin in the game and is not so prone ti back out of the transaction during escrow? Is there a percentage amount based on the purchase price of the property that would be considered 'the norm'?
Thank you in advance...