Everything You Need to Know About Your Earnest Money Deposit! [Real Estate Investing for Beginners]

💡 Join my FREE AI Masterclass on Zoom to learn how to use AI on your financial freedom journey! 👉 https://www.liliinvests.com/ai-master... 💰 Ready to build a business that pays you and gives you freedom? Join my Self-Funded Freedom Challenge 👉 https://www.liliinvests.com/sff 👀 WATCH THIS NEXT: Why I stopped buying single family real estate (& started playing pickleball!)    • I Stopped Investing in Real Estate (& what...   Do not buy a house without understanding earnest money! Your earnest money deposit is one of the first ways to lose money investing in real estate, so you want to make sure you really understand what is earnest money deposit, where does earnest money go, how does earnest money work, and of course, how not to lose earnest money and instead how to protect your earnest money and if you need to, how to get your earnest money back. What's up guys, my name is Lili Thompson and on this channel I discuss real estate investing and financial freedom and give you the most honest, authentic look at that journey that you'll find anywhere on Youtube. I invite you to check out my other videos on wholesaling, house hacking, and real estate investing for beginners, and let me know what you think! SURVEY! How can I help you get your first deal?: https://bit.ly/3Sp6l6l OFFER SHEET: https://www.liliinvests.com/free-reso... GET YOUR QUESTIONS ANSWERED: Join me on instagram live every Wednesday at 7pm CST (  / liliinvests  ) WATCH THESE NEXT: Wholesaling my first deal start to finish (8 episode series)    • Wholesaling My First Deal!   How to wholesale with real estate agents:    • How to Wholesale a House Listed With a Rea...   House hacking your way to financial freedom    • Housing Hacking | How to Live for FREE & S...   READ THESE: Listen to them on Audible for free: https://amzn.to/2Xgfc0l Read them on Kindle for free: https://amzn.to/317xhii Richest Man in Babylon: https://amzn.to/2Bq7A3u The ABCs of Real Estate Investing: https://amzn.to/2zTE4mg The Book on Rental Property Investing: https://amzn.to/304Q917 some of the above links may be affiliate links, meaning I make a small commission on the sale at no extra cost to you