This house is very well kept and my questions are: -What are the steps to do in a double closing?

Let's say you want to go higher-end with the finishes, double the finishes cost and you're at $55,000.So, worst case, you could completely renovate the house for $15,000 less than the mold bid.

Either good newer houses in nice neighborhoods in most parts of the USA go back to at least construction cost, which is double current value, or the entire economy flopped.

To complete a HUD wholesale deal, you will need to do a double closing.

Stats; asking price is $119k; 1850 sq ft; 2 units; 3 bedroom, 2 bath.

Once he's retired, he can self-direct his 401K, and you can tell him how to make double digit returns holding notes.

HUD believes two persons per bedroom is reasonable under the Fair Housing Act.

I would double check CA law about deposits just in case there is something funky there.Good luck!!

Charles Perkins Steven Hamilton II I use a bedroom exclusively for storage for paint supplies, pieces of carpet, tools and boxes of misc items I use only for rental properties.

We entered into an escrow deal with the bank on a single family REO, placed the funds in escrow, then had to fight for months to get our money back out -- it was like paying double for the repairs as we had the money held up in escrow but then had to show a receipt and proof of work done to get our money back out, and somehow the bank then said they decided to put the escrow funds toward the balance of our loan instead of returning it to us after repairs were made, and it took months to get our funds returned instead of credited toward our loan balance like they wanted.