Wholesaling
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 12 years ago on . Most recent reply
Wholesaling without selling your entity
Is there another document I could use for wholesaling without selling my entity? For instance in a double close...I have read about land trust but a little unclear about the process of setting it up. I'm concerned if I can use it over and over to close deals. Can you do this HUD properties? Insight on this would be very helpful and appreciated.
Most Popular Reply

Wayne Brooks
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
- 13,508
- Votes |
- 23,418
- Posts
With a Double Close, you buy the Property, then resell the Property (not the entity).
You sell the entity when an Assignment, or a Double Close, are both prohibited. This way the Property did not resell, and the Buyer (entity) remains the same.