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Updated over 1 year ago on . Most recent reply

Hadas Arazi's profile image
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Hadas Arazi
  • Member since Jul 2, 2022
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Hadas Arazi's profile image
Hadas Arazi's profile image
Hadas Arazi
  • Member since Jul 2, 2022
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Hadas Arazi
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6
Posts
Wholesaling

Foreign wholesalers - how do you double close? FIRPTA

Hadas Arazi
Posted

Hi everyone,

New to wholesaling/real estate investing 

I'm wondering how foreign wholesalers double close in case needed? I'm talking specifically about FIRPTA

Not sure if I can even use transactional funding for double closing as the title will hold 15% from the purchase price if I understand FIRPTA correctly, that mean I won't be able to return the loan immediately? 

Would appreciate any advice

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