I'm assuming there's a limit and they can't be concurrent.

If one were to try and make a second phony one with different info on it, it would not match what is on public record and once the first and real trust is executed, filed and sent into escrow, then it is the only one that would match and thus, the responsibility of escrow and title to make sure that others are not used concurrent or shortly after the real transaction takes place.A title policy would insure any buyer of fraudulent transactions so that should also be used 100% of the time in dealing not only with land trusts, but any transfer of RE title.

I do have substantial cash reserves, but I'm looking to successfully complete my first flip before I make concurrent capital outlays on several fix and flip properties.

@Crystal Smith  So you're proposing I submit 2x concurrent offers?

Section 5.062(a)(2) states: “An option to purchase real property that includes or is combined or executed concurrently with a residential lease agreement, together with the lease, is considered an executory contract for conveyance of real property.”There is an exception for lease-options for 180 days or less under section 5.062(c)—otherwise, the TREC 1-4 contract would violate this provision when combined with a short-term lease.

Without other changes made concurrently, this would be a waste of time.

It is more about having resources and experience/knowledge to manage the many aspects of the construction process concurrently with the demands and responsibilities of being a full time investor.

I'm scouring the Internet for creative investment opportunities, and I'm concurrently trying to plan my wedding.

Usually doesn't effect us anyways because a wholesale deal is normally less than 120%, but I still like to cover my basis.Other than that you can open a second escrow with your end-buyer to have them set their earnest deposit and just make it contigent upon the successful closing of your concurrent escrow to acquire property.

If you go this route, drop the rent a concurrent amount of what you were spending before, and that should alleviate objections.