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209: A Beginner's Guide to Analyzing Big Deals & Building a “Bulletproof” w/Kenneth Donis

Real Estate Rookie

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How Much Do Soft Commitments Versus Money Wired Mean?

There's always the issue to you can with a soft commitments, like money wired right? So what kind of buffer do you typically kind of look for? How much would you want to see in soft commitments before actually getving that property under contract to make sure that you can close on it? I would say probably close to double. Ah, well, i wouldn't say double, and that's because y probly say, like, maybe like three fourths more.So where is the best place to put the money? I personally would stand this might be bys, but i think it's real estate, just because i would hold its value, at least to an extent.

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