Episode 193
How Much Earnest Money Should You Put Down?
No Limits Real Estate Investing Podcast
July 12, 202212m 45s
Audio is streamed directly from the publisher (traffic.libsyn.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Sellers really only care about two things on your purchase agreement:
- Price
- Closing date
I’ve closed well over 1,000 real estate transactions in my career and one of the least scrutinized items from sellers is the EMD amount, so there’s absolutely no need to put down too much.
Checkout today’s NLREI podcast episode to find out how much earnest money you should be putting down on your purchase agreements.