14d • General discussion
✅️ What to Do If an Agent Asks for an Earnest Money Deposit (EMD)?
A lot of new wholesalers get stuck here, but you’ve got options! 🚀
👉🏾 In short:
🤝🏾 Use a partner or JV to front it
💵 Negotiate a super low EMD ($100–$500)
🏡 Let your end buyer cover it when they step in
The key is don’t let EMD stop you from locking up deals. There’s always a creative way to make it work if you think like an investor. 🧠💪🏾
🔥 Build good relationships with title companies & buyers — that way, you’ll never stress about an EMD again!
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✅️ What to Do If an Agent Asks for an Earnest Money Deposit (EMD)?
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