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Updated about 11 years ago on . Most recent reply

User Stats

55
Posts
3
Votes
Javon Rice
  • Real Estate Investor
  • Dayton, OH
3
Votes |
55
Posts

Is double closing LEGAL in Ohio?

Javon Rice
  • Real Estate Investor
  • Dayton, OH
Posted

if so, what title companies do it and if not what ways can I get around it

Most Popular Reply

User Stats

505
Posts
34
Votes
Samantha M.
  • Landlord
  • Dallas, TX
34
Votes |
505
Posts
Samantha M.
  • Landlord
  • Dallas, TX
Replied

Honestly your profit should not matter as long as the end numbers truly are where the end investor needs them at. I have bought several properties from wholesalers where the assignment fee is over 20k. I don't care, good for them! I am buying and holding these properties and they brought me the deals at 72% ARV less repairs, and that is fantastic in this market right now.

If you are getting beat up on your price, find new buyers. It shouldn't matter if your making $2,000 or $25,000

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