Then you have your end buyer immediately purchase the house from you at a higher price, simultaneously paying off the hard money lender and collecting your commission.Any hard money lender you work with will be happy to provide you with any POF. 

Knowledge of the basics will allow your mentor to focus on other higher level teachings and simultaneously, you will hit the ground running when your call is answered.   

but you will still get paid by the title company when it actually closes2. simultaneous close.If you assign your contract, the buyer knows exactly how much profit you are making. 

Finishing it as a rental will cost under $20K; finishing it out nicely for sale closer to $30K, depending on finishes.)Asking price $99,500 (This will cover my costs for the inspection, double/simultaneous close, plus a very reasonable wholesaling fee with a small amount of wiggle room.Do you think this is a safe deal to get under contract?

I believe I have found one that will do a simultaneous closing and they are supposed to call me back this morning, crossing my fingers! 

Keep in mind, with a double close, aka, a simultaneous close, you do own the home for the amount of time it takes you to sign papers.If you're not doing a double closing the seller and buyer will see the original sales price and the final sales price and can do the math to know what you made.

Get paid to release your option by the seller3. do a simultaneous close so the seller and the buyer don't know what your profit is.You are making it WAY too complicated and costly by using a hard money lender to close the deal first, then selling to someone else. 

@Dee Dee Huey,You should be doing these things simultaneously.

@Will McVeigh I just closed on 2 simultaneous VA refinance loans this week. 

The 10k personal loan would have to be paid simultaneously with the new mortgage and the rest of your bills.