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Updated about 9 years ago,

Ashley LeBoeuf's profile image
Ashley LeBoeuf's profile image
Ashley LeBoeuf
  • Wholesaler
  • from Atlanta, Georgia
  • Member since Nov 20, 2015
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User Stats

32
Posts
4
Votes
Ashley LeBoeuf's profile image
Ashley LeBoeuf's profile image
Ashley LeBoeuf
  • Wholesaler
  • from Atlanta, Georgia
  • Member since Nov 20, 2015
Connect
Ashley LeBoeuf
  • Wholesaler
  • Atlanta, GA
4
Votes |
32
Posts
Buying & Selling Real Estate

Is 10% Earnest Money too much?

Ashley LeBoeuf
  • Wholesaler
  • Atlanta, GA
Posted

I have a seller with several turn key rentals he's getting rid of. I am in the process of putting 3 under contract and he is asking for 10% earnest money on each. I'm still fairly new to wholesaling but isn't that a bit much? What is the typical percentage of sale price used to determine earnest money? 

Ashley

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