Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago,
Wholesaling - Assignment vs Double Close
I've never done a wholesale deal, but I am curious - why would someone double close over simply assigning the purchase agreement. I understand why someone may double close if their purchase agreement had an anti assignment clause, or they didn't want the other parties to know they were wholesaling the deal. Other than that, it seems like a hassle to double close when you could just assign the contract.