They figure any money you make on the deal is money that's really theirs.With a private seller, though, you should be able to get away with minimal earnest money.

Its about making a deal while minimizing your risk as much as possible and in my opinion using the least amount of your own cash as possible.

Well said comments on the value of a real estate wholesaler...Wholesalers have specific skills related to "turning over rocks" and finding great deals.Investors that don't spend their time doing that reap the benefits of immediate access to deals.A great way to increase your value and minimize arguments as a wholesaler is to simply be transparent.

Don't go over to the dark side!

If the seller is already late on their payments, and about to be foreclosed, the risk is minimal.

I asked him to NOT JUST update the system with his comments but to please email me back so that I am aware of the status since we all have an extremely large pipeline and I'd like to not be kept in the dark on things.

I must say , State farm has been GREAT with our policy since the fire, we had a good policy ,and they paid out quite well considering how minimal we thought our fire was.In my case , the insurance company has a law firm who goes after the responsible party, and tries to get $$$ from their insurance company.

I think minimal would have been better wording.

I know this is a stab in the dark, but is it possible to find buyers for face value?

I knew what repairs needed to be made (minimal cosmetic), and I knew that the expenses would be 45% to 50% once I got the building stabilized.