Sep 19 • General discussion
✅️ What to Do If an Agent Asks for an Earnest Money Deposit (EMD)?
A lot of new wholesalers get stuck here, but you’ve got options! 🚀
👉🏾 In short:
🤝🏾 Use a partner or JV to front it
💵 Negotiate a super low EMD ($100–$500)
🏡 Let your end buyer cover it when they step in
The key is don’t let EMD stop you from locking up deals. There’s always a creative way to make it work if you think like an investor. 🧠💪🏾
🔥 Build good relationships with title companies & buyers — that way, you’ll never stress about an EMD again!
43
49 comments
✅️ What to Do If an Agent Asks for an Earnest Money Deposit (EMD)?
skool.com/wholesaling
A community for learning how to wholesale real estate with no money, credit, or experience! Get your first check in under 30 days!
Leaderboard (30-day)
1
+681
2
+583
3
+544
4
+543
5
+537
Powered by