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Updated over 5 years ago, 09/27/2019

Vivana Hernanes's profile image
Vivana Hernanes's profile image
Vivana Hernanes
  • Member since Sep 26, 2019
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Vivana Hernanes's profile image
Vivana Hernanes's profile image
Vivana Hernanes
  • Member since Sep 26, 2019
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Vivana Hernanes
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New Member Introductions

First Pending Deal. No EMD?

Vivana Hernanes
Posted

Hello, I currently have a pending contract on a property. The real estate agent said I have to put in a EMD (Earnest Money Deposit) which is 1k. I tried borrowing yet no avail. This is my first time wholesaling and from what I have read, if I already have a buyer then I can use their deposit for the property? Am I wrong here? Please correct me.

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