Double Close during escrow

[David Cervantez]

I have not been able to wrap my head around a Double Closing. I understand the concept but what i am unclear on is, for the short time you technically own the property, do I as the wholesaler have to be ready for funds to be pulled from my checkbook to finalize the first closing, or do I not need to worry about having funds up front an can still use the Buyer's funds for my EMD, and closing cost on the first sale. Reason I am unsure is because i guess i'm getting too caught up in how quickly the closing goes. So will there be money required from me at the first close or can I hold off until the buyer's closing and have his/her funds to utilize