I hate to rain on your parade but simultaneous closings on short sales is a real stretch.

Forgive me if this question seems totally amateur, but where/how are you all finding your end buyers to do a simultaneous close on the REO you are buying from the bank?

I know nothing about this particular company but transactional funding is very useful for wholesalers in areas where title companies will not perform simultaneous closings where your buyer comes to the closing table with the funds...but you must have a buyer lined up in advance just as you were to have a simultaneous closing.

Hello, I'm a wholesaler in Atlanta and I'm looking for title companies That do double closings in this area. Any Referrals would be greatly appretiated guys.

Also If any Investors, Wholesalers other RE professionals ...

The only difference being, instead of doing the simultaneous close, I actually provide him the funds to do a double close (his title company won't close with the end-buyer's funds).

Does title pass thru me, the wholesaler, in the "simultaneous closing" ( using C's funds to close/payoff the A transaction ) ?

Jeff is right, you're going to have to put it under contract and then assign it or do a simultaneous closing.Legally a licensed agent can't pay you a referral fee unless you are a licensed agent as well.

On one side you will learn valuable lessons from your market and simultaneously accumulate the much needed funds for a down payment.

Not bad for a free service.I think you need to do all of the above simultaneously and be sure to have a clear and consistent message.

They should be negotiating both the 1st and 2nd simultaneously.