I would recommend trying to determine what the motivation is.

What we do is tell people we ARE going to wholesale their property if that is what we feel is best for us.They can either say no thanks,or they say "lets try it". 9 out of 10 times when they are truely motivated to sell (those are the leads we are getting, so for us this means.. a lot of times) they will say yes, lets wholesale it.When you explain in full transparency what wholesaling is, they wouldn't ask you for a proof of funds.

@Natalie CloutierExcellent email, I scheduled the below text to all my tenants a couple days back.

Another flag was that the applicant put his/her previous landlord's phone number as his/her own phone number even though he was in contact with me using a different phone number.Other potential red flags: - Applicant seemed to be very desperate and has texted that he/she "really needs this rental" (paraphrasing). - Applicant needed a lot of help figuring out how to get the application sent (will be moving from another state). - Applicant only provided one reference which he/she already listed as his/her supervisor at his/her current job. - And my gut is questioning whether the supervisor was legitimate or not.

If seller is motivated, they will reconsider. 

I cold call/text and have people cold call/text for me so I can find great deals however many people need scale.

I saved all our text messages and had a text from his wife letting me know I owed 550 back in October. 

Depends on seller’s motivations, personal situations, virus numbers. 

@Kristen Rolinski I would do email/text of notice.

That said, there are still motivated sellers out there.