., etc) that I can pursue to learn more from and simultaneously earn a check while I save for my first deal and/or pay for my RE license? 

This is my situation -- I have cash for several simultaneous flips, but I also have access to portfolio loans and some private money.

Originally posted by Justin Stores:what exactly is double closingIt is where you open two escrow simultaneously wher one is your seller (A) and you (B).

Then you can set up a simultaneous closing.

Other methods include assignment of the contract, simultaneous closing, purchasing in an entity (land trust, LLC) and transferring ownership of the entity, etc.I just don't want you to think that a double close is an alternative to wholesaling...it's not.

My goal now is to meet with 3-4 brokers...show them my final HUDs, and ask them why they're working on short sales to make $8000 instead of $50,000.I need to work on 10+ of these simultaneously now.

It is not an illegal transaction, but some title companies have no clue what a double or simultaneous closing is...Where did you learn how to do short sales?

I would ask if they are familiar with simultaneous closings and if they would manage this type of transaction for you.

:So what exactly is a reverse closeIn this context, it's the same as a "simultaneous close," which is when you use your end-buyer's funds to close your transaction with the original seller.Not many title companies will do these anymore...if any...

I would love to hear tax attorneys discuss successful audit defense of things like:*defending Real Estate Professional status;*defending depreciation of buy-and-hold properties while simultaneously wholesaling other properties in volume*defending an audit (IRS or Labor Dept) of a self-directed retirement accountPlanning for taxes, and filing taxes, is very different from undergoing and successfully defending a tax audit.