This will check the box for funding the double-close properly (if 'dry closing' is not an option) -- but you'll need to account for that in your math for how the deal pencils out. 

Total time I spent on resolving it...5 minutes...past refi/purchases where I did it myself to 'save costs'...it took hours, I had underwriting issues I didn't really know how to resolve and had to research or call and argue with less than helpful people...the point being you get what you pay for.

If they cut you out, then you've spent 5 minutes figuring out who NOT to work with.

Its a super old building that needs its slate roof repaired and a complete replacement of the box gutters.

I also thought of maybe putting offers in mail boxes.

I spent hours collecting the data.

@Nicole ContrerasCheck out “wholesaling out of the box”, great resource for me in Hampton Roads.

So is your effort better spent on creating more value, or avoiding taxes?

Anyway, I have spent a couple of days thinking through what you guys have shared and I agree that doing it via attorney the first time is the best idea.A side question, say after the attorney has drafted it, and got it filled up, how do i get the notes in force?

  - Use the "search" box on BP for things you want to learn.