Real Estate Wholesaling Questions & Answers

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Precious Thompson
  • Real Estate Agent
  • Philadelphia, PA
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Mark Durham
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  • Atlanta, GA
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Mark Durham
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  • Atlanta, GA
Replied Dec 7 2019, 10:39

I've put many properties under contract with $10 EMD.

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Account Closed
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  • San Antonio, TX
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Account Closed
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  • San Antonio, TX
Replied Dec 7 2019, 10:44

@Precious Thompson

@Mark Durham

It’s not the earnest money that you need money for. You need real money for the marketing at the very least. 

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Mark Durham
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Mark Durham
  • Specialist
  • Atlanta, GA
Replied Dec 7 2019, 11:24

That's true Joel, although I think most people are referring to putting cash into purchasing a property when they say “you can wholesale with little cash”.

But you’re correct, if you want to scale a wholesaling biz, you’ll need money for marketing.

BTW, there are many no cash to little cash methods of marketing as well.