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Updated about 10 years ago,
What is simultaneous close? Is my role in the process legal?
Hello,
I am hoping to gain some momentum in the real estate investment game.
I am currently in the process of educating myself to avoid scams.
I have been introduced to a group of investors and I've been told that if I can help to find investors interested in discounted properties and are open to a simultaneous close that I can get my foot into the real estate door.
In essence I would simply introduce the buyers and sellers of the discounted properties.
I am not a license real estate agent ...I simply have a connection with the properties.
My question is -What is a simultaneous close?
Would my role in the transaction be legal?
Help me to avoid any unethical or illegal practices.