Can the end Buyer close before I close on the seller on closing?

[Chris Montalvo]

Can I close with the end buyer first before I close with the original seller?? So that way I can use his money to purchase the sellers property?? And if I close with the end buyer first would he need the keys right away?

[Shari Peterson]

Chris, the "no money down" thing works like this: You get Transactional Funding to close the AB transaction. This will fund 100% of all closing costs, including the purchase price, title fees, HOA, sewer, water, past due taxes, etc etc. You arrange to have the second BC closing immediately after the first AB closing. BOTH MUST CLOSE THE SAME DAY AT THE SAME TITLE COMPANY.

At the BC closing, you will pay back the Transactional Funding amount used to purchase and close on AB (plus fees). Whatever is left over after the BC closing costs will be your profit. 

Let me know if you need a referral for a title company in New Jersey that will handle this type of transaction.