I'm having issues finding an attorney that can do a double or simultaneous closing.

Any delay by your contractor would mean you're stuck paying fees longer, while simultaneously losing cash flow on an unoccupied unit.Shuffle:  Since you've got one unit that will be unoccupied until you move in, would it make sense to move the tenant from their unit to yours until work is completed on theirs? 

@Henry YDid you ever find any escrow/title company that could do a simultaneous close?

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.

While there is generally very little that is truly new in real estate investing (basic techniques are same), the lending rules and regulations change like the wind.Even the 1-day transactional methods (back to back closings) that people are recommending as an alternative to the old simultaneous closings are now largely out of date in 2012 and very difficult to pull off.If you happen to be flipping REO's to cash investors this can still work but that is pretty tough to do.

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.

From the landlord's perspective, he is collecting more rent while simultaneously mitigating his risk of any one tenant's business failing ... versus having a salon as a tenant and the entire salon goes under.  

She indicated that ATG has no problem with assignments, flips, double closings or simultaneous closings.

I plan to become a CPA and simultaneously grow my real estate investment business.