How to weed out Fake Buyers from True Buyers

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You can find them on Craigslist and at Creia meetings. If you are worried about weeding folks out, try asking for earnest money. The ones that balk are usually not very interested. It won't phase the true buyers when you ask for it.

Asking for earnest deposit is probably the quickest way to stop wholesale chains.  (Where a couple of wholesalers try to wholesale the same property).  Things that my wife and I do that shows were legit is show our past projects, portfolio, and disclose to the seller our repair plans.