Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 4 years ago on . Most recent reply

User Stats

47
Posts
7
Votes
Quincy Baker
  • Flipper/Rehabber
  • Buffalo, NY
7
Votes |
47
Posts

Trusts /Double Closings

Quincy Baker
  • Flipper/Rehabber
  • Buffalo, NY
Posted

Suggestions?

When wholesaling what are some good ways to maintain anonymity while keeping your deal from falling apart? Any suggestions on double closing in escrow, or the use of trusts? Are buyers generally familiar and comfortable with interacting with trusts during their acquisitions?

Thanks

Most Popular Reply

User Stats

622
Posts
371
Votes
Jesse LeBlanc
  • Investor
  • Atlanta, GA
371
Votes |
622
Posts
Jesse LeBlanc
  • Investor
  • Atlanta, GA
Replied

I know I commented on another thread as well.  I’ve been running a wholesale business for years now, still fix and flip and buying rentals plus holding notes. Not about to steer you wrong.  When it comes to trust, generally neither buyer/seller cares, except for their $$ or the asset. 

If you don’t want to do an assignment, then you’ll need to Double Close. If they won’t allow for pass through funding, you might be required to use Transactional Funding for that closing.


If that was the route you had to take, I offer Transactional Funding. Wholesalers Transactional Funding

Loading replies...