Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

7
Posts
0
Votes
Elvira Longoria
  • Fort Worth
0
Votes |
7
Posts

When to Wholesale vs. When to Double Close?

Elvira Longoria
  • Fort Worth
Posted

I have noticed that some wholesalers have used the method of double closing to facilitate some of their deals. As I understand a double-close means literally buying the property as the buyer then turning around and selling it (immediately) to another buyer the. At the same time, this hides from the original seller your intentions to resale the contract to a higher paying bidder buyer. So my question is this: In what instance would I want to utilize this double close method instead of doing the standard wholesale method?

Loading replies...