Looking for a little help, I have purchased several properties from wholesalers, done over 20 personal deals, and work at a wholesale brokerage in AZ where I have acquired and sold almost 100 transactions in the last few years, so I understand what a non refundable deposit means but this situation is very different than what the wholesaler presented. 

In the last two years we have screened so well we haven't had to use it much in the last year and a half.

My wife got one for us last year a month before she 'retired'.

I then transitioned to non-owner-occupied bank financed deals and then onto BRRRR deals using private lender financing which allowed me to scale up much faster over the last 5 years. 

I currently live on a property I bought last 2022.

Nonetheless it all starts with developing strong and long lasting relationships with high volume brokers/agents in your area. 

I lost the largest deal of my career ($6 million) 48 hours before closing due to inflation causing higher rates last minute.

The last thing you want to do is turn an asset into a liability. 3) What is your plan to repay that lump sum?

However, it would be a good idea to get a list of special assessments within the last 5-10 years (if possible) to get an idea of what to expect.2.

A tenant I inherited when I bought my place (who pays 50% below market rent, and no security deposit or last month's rent via previous owner) just informed me with 11 day's notice, that he was moving out on Dec. 1st.