Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 15 years ago, 09/15/2009

User Stats

5,700
Posts
3,497
Votes
Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
3,497
Votes |
5,700
Posts

NEVER let it get HARD!! Read post for more

Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
Posted

I'm talking EMDs here, guys. Today at 11 a.m., I'll close my second multi million dollar deal in less than 2 weeks involving properties in 2 states. I had a 50K deposit on one and a 25K deposit on the other. In NEITHER case was the deposit ever at risk. If I can do this on larger projects, why aren't you structuring your deals this way?
As a previous poster said, you need to gain CONTROL of the seller. Anyone interested in more info on this? Maybe I should do a blog--or post. I don't think it is allowed to do both. How many think blog is best? How many think post is best? Thanks. Rich in FL.

Loading replies...