Need EMD before wholesaler will share address??

[Samantha B.]

Is it normal for a wholesaler to ask for an EMD before sharing a property address?

All the information I got from the wholesaler about the properties was:    3/1, 756 sqft, fully renovated, full finished basement, management in place, tenanted with rent at $750/mo; Asking $51k. 

He would not share the address. After much back and forth, I finally got a zip code. For Detroit, a zip code is just not enough information for me. Every block is different. Am I missing something? How is it possible to analyze a deal without the address? How can you justify potentially losing your EMD for something completely unknown?

Any thoughts if this practice is normal? 

[Patrick Sweeting]

Big red flag. If the principal truly has a contract and equitable interest in the property there shouldn't be an issue on their end sharing the address, comps, photos, property analysis, etc. 

EMD without the property address? Plenty of deals and reputable people out there to do business with. My opinion, run the other way.