Avoiding Double Closing Disaster

[Mike Nelson]

I may be looking at doing my first REO double closing and wanted to get some tips to avoid a bad experience. In other words, In the instance I need to fund the first closing with my own funds, what can I do to prevent the second closing from not taking place? I hate to have all my funds stuck in a property only because the B->C transaction failed. Is it best to have large EMD from end buyer to help secure this? Are there other methods of double closing that are more In my best interest to prevent a disaster?

[Brandon Turner]

Hey Mike Nelson - I have no idea but I'm really curious as well. I'm going to Tweet this and see if we get any more answers. I've always been curious about double closings.

Anyone involved in them?