We've been renting for years and would like to not rent anymore while simultaneously beginning our REI career.

In one instance one of my peeps and I figured out that the way we should structure it is that he paid down the (smallest) mortgage on property #5 just to stay Fannie, then the second those 3 simultaneous cash out refis closed (one didn't have enough equity to make it worth paying the closing costs), we cash'd out #5.

We have often done simultaneous same table closings even where the sale is closed and a new pen is used to then sign the documents on the purchase.  

Naomi I have done several simultaneous or double closing a.

We are an authorized HUD Brokerage and work with about 30+ investors from as far away as Norway.Key points are:Get your funding lined up FIRST, so you can pull the triggerDo it with an INVESTOR FRIENDLY authorized HUD BrokerageMake sure the HUD approved title company will do a simultaneous closingBUILD YOU BUYER LIST FIRST !!!

Hello BP members I am a newbie here on bigger pockets, I join to gain more knowledge and network with people through this forum, and especially in Houston, Tx where I am currently located. can someone tell me some title places in Houston mainly Sugarland that will do double/simultaneous closing.

Is it necessary to use a Double/Simultaneous close for the cash buyer?

A lender will always look to see if you can pay for both properties simultaneously, and they'll initially base that off your income.

One solution to "chicken or egg" puzzles is always to build both a chicken and an egg at the exact same moment, simultaneously. 

Simultaneously, start interviewing new property managers.