Each state has different laws or requirements when performing or structuring a simultaneous, double or back to back closing and they're always changing.

After doing a couple more projects in OR, my husband and I moved to Boston, MA where I pursued my MBA and continued to grow in the real estate field simultaneously.

My thought was, from the property's cash flow, to use the vast majority of that, to pay them both off, simultaneously, but what makes sense to me, and many not in the REI world, won't work.Then, the terms to pay back the HML.

I have some landscaping work to do on it and simultaneously updating the vacant unit (new carpet & linoleum, new paint).

Estimated Closing Costs Buydown/Subsidy Fee 801 Loan Origination Fee 0.000% $ - 802 Loan Discount Points $ - 803 Appraisal Fee $450.00 804 Credit Report 805 Processing Fee $365.00 Extended Lock-in Fee 807 Assumption Fee 808 Underwriting Fee $365.00 809 Flood Determination Fee 810 Tax Service Fee 811 Application Fee $365.00 876 Lender Closing Fee 1102 Abstract or Title Fee 1103 Title Examination 1104 Title Insurance Binder 1105 Wire Fee 1106 Notary Fees 1107 Attorney Fees $325.00 1108 Title Insurance ** $875.00 1111 Restrictive Covenants 1112 Tax Certificate 1113 1201 Recording Fees $100.00 1202 City/County/Tax Stamps $758.50 1203 State Tax Stamps $176.81 1204 Document Stamps 1205 Intangibles Tax 1301 Survey (optional) 1302 Pest Inspection 1303 Courier/Delivery Fee $35.00 1304 Commitment Fee 1305 Document Review 1306 Processing Fee 1307 HOA Start Up Fee $425.00 Total Estimated Closing Costs $ 4,240.31 ** Title insurance assumes simultaneous issue

Except for the instance of a simultaneous exchange the statute requires the use of a unrelated 3rd party to act as the QI. 

I had a run of extremely bad luck about a year ago and had water damage at three properties simultaneously.

I am local here and looking to build long term relationship with someone, scale it up and do multiple flips simultaneously.

I'm just wondering if this could be done if you were able to identify properties and close on them simultaneously?

Anyone know of or working with any title companies in the Philadelphia area that can handle simultaneous closings for REO's and HUD.