This deal was sourced through our extensive network, allowing us to secure it at an attractive price.

Do I have to return his security deposit?

I’ve heard that some platforms offer features like automated payment tracking and secure document storage.

How do I secure liability against my other assets.

How are people holding security deposits in NC?

If you need to secure a property quickly, or if you are doing renovations that can be completed within a year then you are better off using hard money or private lending options as they've got quicker close times and tend to be more investor friendly.

This will continue to drop over time and should be secured correctly."

They can also be great for situations where you are looking to secure a property with more conventional financing, but don't have enough time to close with the original financing.

I'm new to RE too, but done my due diligence in reading on extend on the subject matter, and if I was the OP (still have not done my first deal), I would secure the deal, if its really such a great deal with 50k spread, in my mind I think he could get 15k wholesale deal to another investor and he does not have to do anything more than sell the contract, then after you have done a few of this and cash in your pocket, I would start with rehabs and rentals etc

Security Service FCU use to do a 100% LTV HELOC in UT and CO. 15 year draw 25 year payback 40 year loan.