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Wholesaling
HomeForumsWholesalingDouble Escrow Question
David Littleton's profile image
David Littleton's profile image
David Littleton
  • Renter
  • from Kentucky
  • Member since Feb 9, 2013
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David Littleton's profile image
David Littleton's profile image
David Littleton
  • Renter
  • from Kentucky
  • Member since Feb 9, 2013
Connect
David Littleton
  • Renter
  • Kentucky
15
Votes |
53
Posts
Wholesaling

Double Escrow Question

David Littleton
  • Renter
  • Kentucky
Posted Feb 14 2013, 09:15

I've been calling attorneys and a few of them have said when you do a double close i have to bring cash to the table as well as the end cash buyer.

So if the property is 50k and I'm flipping it for 60, I would have to bring 50 to closing and the cash buyer would bring 60 and I would walk away with 60k (including the 50k I brought)

Is that correct or should i keep looking for attorneys?

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