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Updated over 10 years ago on . Most recent reply

User Stats

51
Posts
29
Votes
Joe Gee
  • Investor
  • New Orleans, LA
29
Votes |
51
Posts

Triple Close??

Joe Gee
  • Investor
  • New Orleans, LA
Posted

Hello BP,

Putting this out there to see if anybody has experienced a deal like this one.

I have a contract with a seller for a price of $X. I'm wholesaling it to an End-Buyer for $Y. But that end buyer, is wholesaling it to another End-Buyer for $Z.

The problem is, the End Buyer for $Z wants to close with his title company. Me and the End-Buyer for $Y are closing with another title company that does double closes no problem. I'm not sure if the End Buyer for $Z's title company does double closes and this is where the problem comes in.

I was going to look into Transactional Funding. As you can see, this is complicated. The End-Buyer for $Y im wholesaling it to are experienced and told me to not worry they can make the deal happen.

Any suggesstions to go about this? Very much appreciated

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