Wholesaling
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 5 months ago,
Wholesaler Took My EM
Hi everybody I was wondering if you could help me. There is a home in Tampa I went UC with a wholesaler and told him I was closing it conventionally which they were fine with.
Long story short the home is a triplex and zoned as a SFH so the lender will not lend on the property forcing me not to close and the wholesaler took my EM. Even though a DSCR loan or any other loan would not lend on the property. Is there any way to get the EM back or make sure title is not aloud to give it to them.