I have been told as well that some escrow companies allow double closings.

the property is a REO so I was looking to do a double close, but if he is not the end buyer how would that work?

Double close?

@Richard Gaston the only way you can who,sealed a HID home is to double close, no assignments allowed as with most REO's.

Don't ask for simultaneous or double closings.

As for myself, I dropped out of business school to pursue my dream to be a "business man" and now I currently co-own a growing commercial cleaning business (its really not my passion at ALL) which pays the bills, so I as well have a business background,but its just not the kind of business I want to be committed to full-time anymore.All this week I have been working on a business plan to pitch the idea to my maybe future business partners, did a ton of research on how to wholesale, but I can't seem to find out the legality of this practice in Wisconsin especially with the whole "assignment of contract" or "double closing" methods.Any help would be GREATLY appreciated.

A very very rough idea is to double the cost of materials.

Generally, I know Lonnie's rule of thumb is to double his money.

That way you can double check your figures against historical data.Good luck!

Someone who understands and knows about double closing and Assignment escrows.