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Updated over 4 years ago on . Most recent reply

Gerardo Escutia's profile image
Gerardo Escutia's profile image
Gerardo Escutia
  • Rental Property Investor
  • from Statesboro, GA
  • Member since Dec 20, 2016
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Gerardo Escutia's profile image
Gerardo Escutia's profile image
Gerardo Escutia
  • Rental Property Investor
  • from Statesboro, GA
  • Member since Dec 20, 2016
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Gerardo Escutia
  • Rental Property Investor
  • Statesboro, GA
17
Votes |
27
Posts
Multi-Family and Apartment Investing

Seller asking 2% earnest money on a $300k multi family deal.

Gerardo Escutia
  • Rental Property Investor
  • Statesboro, GA
Posted

Seller is asking 2% earnest money on a $300k multiple family off market deal. Wants it to be non refundable after inspection period. I am not sure about this. Is this common in multi family deals?

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Erik Hatch's profile image
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Erik Hatch
  • Rental Property Investor
  • from USA
  • Member since Nov 22, 2018
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Erik Hatch's profile image
Erik Hatch's profile image
Erik Hatch
  • Rental Property Investor
  • from USA
  • Member since Nov 22, 2018
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Erik Hatch
  • Rental Property Investor
  • USA
222
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325
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Erik Hatch
  • Rental Property Investor
  • USA
Replied

Just like everything else, earnest money is negotiable. Never hurts to ask!

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