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Updated almost 8 years ago,

Charles Stewart II's profile image
Charles Stewart II's profile image
Charles Stewart II
  • Investor
  • from Baton Rouge, Louisiana
  • Member since Feb 20, 2017
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User Stats

29
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3
Votes
Charles Stewart II's profile image
Charles Stewart II's profile image
Charles Stewart II
  • Investor
  • from Baton Rouge, Louisiana
  • Member since Feb 20, 2017
Connect
Charles Stewart II
  • Investor
  • Baton Rouge, LA
3
Votes |
29
Posts
Starting Out

Deposits When Making Offers

Charles Stewart II
  • Investor
  • Baton Rouge, LA
Posted

When making offers on REO properties, is it necessary to put a deposit down when making an offer?

One strategy I have seen with investing is investors who make "low ball" offers on hundreds of properties.  Do they include a deposit with their offer or do they only make a deposit when they put the property under contract?

Thanks

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