I would need to collect a deposit, but how much would be enough but not too much?

But i really really like identifying yourself as " Cash buyer with ACCESS to funds allowing me to close in 30 days" and if i don't close ,well at least you get some money from the deposit.

Secondly, it's this:Let's say I find a property, and I put it under contract and put a deposit in escrow and have it as a legal, binding, authentic contract.

But I'm trying to set up a system where I don't have to physically go and collect checks or go to the bank to deposit those checks.

EM is irrelevant, most all offers are made with EM deposits.

I have used appraised gold, silver, diamonds, notes and oil royalties, with an appraised value on deposit with an SKR as Tay mentioned with a letter of credit or a trade value stated where the bank would provide good funds.

however i did need to start the process with a lawyer. the deposit was 750 andthe lawyer told nee 90percent of the time it doesn't gothrough full process.

You shouldn't have a deposit from him since you already gave a deposit to the seller.

I pay on performance after inspections not big upfront deposits. 7.Once you have all the bids with the optional items itemized then you can negotiate with them and have a better feel for the figures and how that compares with your exist strategy.8.Make sure you verify the insurance, licenses and references and all the fine print.Good luck!

I was able to rehab and rent my first property in just under three months, but I can see unforseen conditions creating time delays and pricing the rent/deposit can take a little time to dial in to get the tenant...Jon Holdman,Thank you for the timeline.