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Updated over 1 year ago on . Most recent reply

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John Jacobson
  • Member since Jun 8, 2023
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Creative Real Estate Financing

Earnest money deposit: source of funds

John Jacobson
Posted

Hi Bigger Pockets community. When I'm buying a property, does the bank look at where my earnest money has come from or are they happy to accept it as face value i.e. do they ask to see 2 months of seasoning for the funds I used to pay the earnest money deposit?

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