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Wholesaling

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Cory Baker
  • Real Estate Investor
  • Phoenix, AZ
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Wholesaling: How do you deal with Non-refundable Deposits?

Cory Baker
  • Real Estate Investor
  • Phoenix, AZ
Posted Oct 26 2015, 12:09

Seeking Information:

Some of the other wholesalers have a $3500 non refundable deposit to contract with them.

Is there a simple work around to this?

I think I saw where someone put down a $10 deposit and a clause that the end buyer would take over the obligation as assigned or something.

Can someone walk us through this.

Lots of wholesalers are emailing me now with potentially good deals but the $3500 non-refund, is a bit of a hurdle. 

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