They also want to motivate seller's agent to bring them deals as there will be no loss of commission paid to the seller's agent.3.

gordo,I consider a simutameous close a dual close.Please bare with me....I get said property undercontract, find a buyer who is able to close the same day that I close on the property and I use their funds rather than bringing money to the table?

I'll keep you in mind.Josh,Lets get the referral system upgraded so we can bring on new people who will contribute.John Corey

These are things that you will encounter as you bring the home back to life by turning on the utilities and should pad your expenses for them.

I heard that double closing you(the whole saler) have to bring money to the table. correct me if I m wrong.

These types of transactions usually require bringing in a Joint Venture Partner and then find the money.

No charge if you agree that when you do deals you will bring them the business (closing, title insurance).

Just make sure you bring them the business later.John Corey

Just thought I'd Bring this post back off the shelves and see what people think now?

donflips -- Thanks for the motivation.Yeah, I found out from public records that this house is owned by Washington Mutual and yesterday their shares took a dive of 17% in addition to the annoucement that NY attorney general may bring charges against them for pressurizing the apprisial companies to inflate home prices.I just keep looking for any reduction in price and sadly the place where I live there ain't that many reo which sit for more than 4-5 months.