@Ned Carey
I consider and analyze all deals that fit my buying criteria. Cash or financing isn't an issue. The issue I'm having is the non-refundable deposit that's required when the ARV is incorrect and the repair cost is fuzzy. Most of the wholesalers know that the deal will not get financed due to ARV or repair costs so the new investor just lost $5000. They get 3 people per month to pay the deposit and all of a sudden they making $15,000 a month. You and I know how to analyze deals but not everyone. I get calls from investors all the time that made this mistake. I thought it was a good topic to discuss. That's the reason I want someone to show me a good enough deal for me to pay a $5000 non-refundable deposit. I sell properties and represent sellers and I don't do the non-refundable deposit because I want the buyer to have a 3-7 day due diligence period and I expect that in return. If not, I move on to the next property.