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Updated about 7 years ago on . Most recent reply

Joshua Meach's profile image
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Joshua Meach
  • from San Bernardino, California
  • Member since Jul 14, 2017
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Joshua Meach's profile image
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Joshua Meach
  • from San Bernardino, California
  • Member since Jul 14, 2017
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Joshua Meach
  • San Bernardino, CA
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Wholesaling

Wholesaling EMD Percentage

Joshua Meach
  • San Bernardino, CA
Posted

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?

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Patrick Daniel's profile image
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Patrick Daniel
  • Rental Property Investor
  • from Pensacola, FL
  • Member since Jan 30, 2018
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Patrick Daniel
  • Rental Property Investor
  • from Pensacola, FL
  • Member since Jan 30, 2018
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Patrick Daniel
  • Rental Property Investor
  • Pensacola, FL
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Patrick Daniel
  • Rental Property Investor
  • Pensacola, FL
Replied

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. 

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