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Updated about 3 years ago on . Most recent reply
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Double Close Funding in CA
Although it's not an every deal situation, I'm trying to be prepared for when a double close is needed for a wholesale deal. As someone that doesn't have hundreds of thousands of dollars in liquid capital to purchase a home for the A to B side of the double close (especially in CA), how would I go about getting the funds for something like this?
Would a hard money lender suffice? Or would I need to find a lender that offers specialized loans for this kind of transaction? If so, what kind of loan is this? (and any recommendations)
Most Popular Reply
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Hi Anibal,
We've done this before, but under very specific situations where we helped from A to B to C (end-borrower/buyer). Let me know if you have a specific scenario and I'd be glad to look at it.