You are going to want to take a non-refundable deposit from your buyer.

My question is on my initial offer to the REO lender how much deposit do I need?

My PM sends my checks directly to the bank for deposit and a copy to me.

Some times it is structured by what type of buyer you have.I typically have the title company hold the deposit check after I have identified an end buyer.Robin

I would get a deposit in my account when the PM collected the rent, and I would cut a check to the MH park and mail it.

If you are worried about it you could always ask for the 2x or 3x security deposit (or max allowed for your state).

Get the decision-makers or influencers some cash and their ear.. then lastly, there's bumping up the purchase price if it makes sense..3) Tighten/eliminate contingencies to your comfort level, shorter close4) Offer a small non-refundable deposit, to show them you're serious about it, and not just fishing around, with no money on the line5) Provide asset statements showing you have plenty to cover it, even if you don't plan on going higher or even paying cash..6) Send a letter with your asset statement demonstrating your track record, your plan, cash to do it, that you're comfortable so far etc..

What I mean is, Find a seller, make an offer -> put a little bit of cash down as a deposit -> then have a buyer wanting to buy the house.

Yes the husband is the sole owner of the apt on the apt share holder. and the wife is not. however as far as i know, the wife is also getting half of the sale.What i am worried is can we walk without getting deposit taken.

Where we lived in China, for example, it is common practice to collect 6 months to a year of rent up front not including the security deposit.