Wholesale contract disclosures

[Mike Flora]

I have written a disclosure in my contract that states "if buyer, myself, is unable to fund the loan on or before close of escrow, seller is only entitled to earnest money deposit." THOUGHTS???? Since I'm looking for an all cash buyer quickly I'm sure one day I will run into not finding one for one of my properties and don't want any risk if it comes to funds breaking the contract. Yet I don't want to scare off a seller with this statement. DOES THAT STATEMENT WRITTEN IN MY CONTRACT SAVE ME FROM FURTHER ACTION ON A DISGRUNTLED SELLER ONCE CONTEACT IS BROKEN???

[Mike Flora]

The last thing I want is to not close a deal with my seller and I also don't want any more trouble if I have to break contract at the last minute. I would rather loose a couple hundred on my earnest deposit rather than the seller coming after me for more. I'm sure at some point in my career I will be faced with breaking a contract because I can't find an all cash buyer. Just trying to be safe with that statement in my contract.