EMD = 1% of purchase price. Low/no EMD can invalidate your contract and let another wholesaler pull it out from under you! Make sure your contract includes sufficient legal consideration (i.e. EMD) to make your contract valid.
Working with agents? Seller's agent won't take your offer seriously with less than 1% EMD. Higher the EMD, the lower the purchase price the seller may accept!
Scaling requires more cash. Spreading your funds out too thin can wipe you out of deals, close the door on new opportunities and end up costing you thousands!
Yes! We typically fund in under an hour once you have signed the contracts. So really, it's up to you how quickly your money is sent
Short-term microfunding of EMD for wholesalers like you looking to scale. Partner with us to get more deals done. We can provide EMD funds in less than a day!
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