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when you sign a contract with a motivated seller its customary to put down a good Vape deposit of 500 to a thousand dollars this money is held in escrow and then applied to the purchase at the closing well what if you dont have five hundred two thousand dollars for earnest money deposit heres how to handle it first of all when wholesaling as soon as you get a cash buyer youll get a deposit from him or her make sure that posit is at least equal to the deposit you put down with a motivated seller so for example if you agree to a thousand dollar earnest money deposit when you sign a contract with a seller and then two days later you wholesale your contract to a cash buyer investor require that investor give you at least a thousand dollar deposit that way it washes now cool strategy in delaying paying your earnest money for a few days then collect and earnest money from your investor and use that money to pay for your deposit you can put it right in the contract earnest money to be pai
