5d • ❓ Questions
EMD Review - 1 Thing
that I am not clear on.
Training was excellent. I thought I knew it all about EMD -
But, clearly, there a few things I was not aware of. 1 - That a PSA is legal and executable, even if there is NO EMD (I hope I have that right)
2 - Some wholesalers use it as a "sales pitch" - As an additional leverage point - I will give you are large EMD to show you I am a serious buyer.
The one thing I am not clear on is -
Timing for the inspection period sounds like the trickiest part of this whole process.
Normally, in my experience, inspection is fairly short compared to the COE date.
So, is the "best practice" to try to get the Inspection period extended to the COE date?
Giving the wholesaler some breathing room to get their side completed (find a buyer) ?
Or, for example, if the inspection period is 15 days, and COE is 30 days, we just have to deal with it,
and keep a tight eye on that inspection period, to make sure our funds are safe?
3
3 comments
EMD Review - 1 Thing
skool.com/fundinghub
Bird dog transactional funding (gator lending), get a white label site, and work w Owners Club member, Paul, making money via EMD, DC & morby method
Leaderboard (30-day)
1
+128
2
+90
3
+50
4
+40
5
+36
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