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

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

Do I have to return his security deposit?

How do I secure liability against my other assets.

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.

How are people holding security deposits in NC?

@Ted Akers  how do you secure the deals that you fund that take 30 to 90 days to pay off.do you then do a traditional HML  ?

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

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

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.