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Updated about 7 years ago on . Most recent reply

Wholesaling EMD Percentage
Quick question,
How much percentage of EMD do you usually request from the buyer when wholesaling a house? Does it depend on the Arv of the house? or is there a flat percentage you use on all deals?
Most Popular Reply

That is completely dependent on your comfort level with the buyer. I have seen 1%, I have seen 5%, I have seen $1,000 set. The best answer I suppose is as little as possible when you are the buyer and as much as possible when you are the seller.