Back to Back Closings (I know it's been talked about a lot)

[Andres Piedra]

A title company I'm considering using for a potential wholesale says a back to back closing is when I purchase the property, wire the funds, then they record and the end-buyer closes the next day. For some reason in my head I thought it was everyone in a room together all signing documents in one joyous party. Does this sound about right? Will the end buyer know the amount I purchased for?