I've been selling 12% interest three year notes for the last five years and the program runs perfectly BECAUSE of the unique underwriting requirements of the loan, cash from the investor and safeties in taking the property back.

Like many, it seemed to be the perfect job- "easy", fun, and potentially very rewarding.

Once your processing is down solid, your ad writing skills are refined and you have a budget, that is the perfect storm! 

A simultaneous close is when you buy at one closing (A to B) and sell in another closing (B to C) on the same day and use the funds from B to C to fund the A to B and keep the rest.It's perfectly legal, but most title companies will require that you disclose that you are using "pass-through funding" to resell the property and the seller (A) will have to sign-off on the transactionIts used mostly when you don't want to disclose to A and C how much you are making in the transaction, but because it requires 2 transactions, it is a bit more costly than an assignment.You may consider an assignment if you are OK with either A or C knowing how much you are making.  

The location is A class - perfect.

Check out the podcasts, tons of cool info in there, perfect if you have a long commute like me.

This is perfect thanks so much Brian! 

Account Closed that was a perfect blog post and very helpful!! 

I am guessing though that since you went to the trouble of getting both your GC and RE license it puts you in the perfect position to do your flipping and investment business.

Hopefully do it with the future Kyle and in a perfect world this will make you guys even closer.Best of luck.