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Updated over 7 years ago,
Need HELP understanding a double close
been marketing my area via Direct Mail and got a few leads. I have a potential "Home run deal" on my hands and need help understanding the double close route of a wholesale deal. Hoping for some experienced answers as I am learning and trying to do things right.
Is it possible for the buyer to fund the cash for the transaction?
does the buyer have to be present at the A and B closing?
do i need an attorney?
if the buyer does fund the transaction, how do i go about incorporating my fee?
is there earnest money involved if the buyer funds the transaction?
would i have to give my own earnest money to the seller?
please help... i need answers! thank you in advance.