All Forum Posts by: Monica Caliber

Thanks for sharing your experience.

I'm also curious...

Thank you Josh for sharing this! 

Thanks for the suggestion John.

I rather not borrow for EMD.

What I wonder is if anyone else has been in this situation and how it was resolved.

I'm doing a JV with partner who will bring a buyer.

Our dilemma is that we can't get property under contract unless we put down EMD (buyer refuses to sign AB contract without EMD), and we cannot get EMD from buyer unless we show the buyer the property (which my JV partner is afraid to do before we get property under contract).

Is there any solution to this dilemma?

Thank you VERY much Jason!

This wholesaler https://www.youtube.com/watch?v=JE6erd0mRLo&t=311s recommends:

<120k offer 0.7

120-200k offer 0.8

200-275k offer 0.83

>250k offer 0.85

Thank you Carlos!

Could you guys share your JV contracts for co-wholesaling?