It's showing your good faith that you are going to close on the purchase.

The earnest money amount is separate from the down payment and is a small fee, paid up-front to show the buyer's good faith intention of purchasing the condo.

I want to deal mostly with people who recognize the numbers and quality of the deal and put their faith in that rather than my ability to sell myself.

@Doug SpenceScared money doesn't make money - a lot of people struggle with taking a leap of faith when they're doing something new that that they don't fully understand yet.

The landlord who posts ads in bad faith?  

You have to put a lot of faith in them when you don't have experience. 

But you put a lot of faith in the exact dates it's being reported to all three bureaus and you'd be cutting it very close. 

The landlord-owner seeks in good faith to recover possession of the dwelling so that he or a member of his or her immediate family (child, including stepchild and adopted child, son-in-law, daughter-in-law, mother, father, mother-in-law and father-in-law) may live in it;2.

The guy he invested with his is someone he trusted and 100% faith in.

Not necessarily wholesaling per se, not making lowball offers and selling it to an investor, but rather handing over good deals in good faith to build a relationship with investors.