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Updated over 16 years ago on . Most recent reply

Erik Carrion's profile image
Erik Carrion's profile image
Erik Carrion
  • Real Estate Investor
  • from Brooklyn, New York
  • Member since Oct 15, 2008
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34
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Erik Carrion's profile image
Erik Carrion's profile image
Erik Carrion
  • Real Estate Investor
  • from Brooklyn, New York
  • Member since Oct 15, 2008
Connect
Erik Carrion
  • Real Estate Investor
  • Brooklyn, NY
1
Votes |
34
Posts
Wholesaling

Deposit money if you're going to wholesale the property?

Erik Carrion
  • Real Estate Investor
  • Brooklyn, NY
Posted

Most purchase and sale contracts include a deposit clause. As a wholesaler is there a need to make a deposit? Should you, as good faith? Or can you avoid it by being upfront with a seller about your position?

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