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Updated over 9 years ago, 07/09/2015

User Stats

332
Posts
74
Votes
Pavel Sakurets
  • Investor
  • Minneapolis, MN
74
Votes |
332
Posts

People that completed at least 20 wholesales, do you double close or you do an assigment of the contract?

Pavel Sakurets
  • Investor
  • Minneapolis, MN
Posted

What do you guys do, double close so the end buyer doesn't see how much profit you made or you do an assignments of a contract?

I typically do double closing (and pay extra closing fees $500-$1000) for double closing (transfer tax, deed tax, etc.)

What do you do?

I've heard that many sellers flip out when they see how much money you are making as a wholesaler on the HUD.

Want to hear from people that specialize in wholesaling and do at least 20 deals per year.

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