flip contracts

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Posted by chidi on March 27, 2008 at 10:40:29:

I was wondering if anyone knew any "escape clauses" that I can use when I approach a realtor to tie up an undervalued property. I live in Washington DC and I want to begin my investing this way. I'm cash poor and I realize that I will need an earnest money deposit of no less than $500 or $1000, so I wouldn't want to be at risk of loosing the deposit. Can anyone point me in the right direction?
'



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