When you rent a bedroom in a house that has a group of unrelated people you 'interview'.

The rents in the area for 2 bedrooms are around $650.

That sounds like just as much, if not more, work and expense than a double close.

I have learned more in depth in regards to double closing and the benefit of it.

You really need to go read through the Wholesaling Forum to get an idea of what you need to know about the whole process.To answer your specific questions, yes, you can do it without a loan by either assigning the contract or double closing, and, yes, it is legal in California and in Texas.To reiterate my first point, you really need to go read through the Wholesaling Forum to get an idea of what you need to know about the whole process.The type of financing your "investor" is using to buy the property with will make a big difference on whether you will be able to wholesale it to him.

Ok, so now I'm looking a wholesaling a double.

Being legal and getting the deal closed is not the same thing.Consider making offers in the name of an LLC where you can sell the LLC rather than assign the contract.Or do deals at a level where you can afford to use hard money or a double close if you get too many acceptances all at once.John Corey

Ok but I mean with you doing a double close to get around the fact that they don't do assignable contracts.

Personally, I *hate* carpet in rentals... hate cleaning it, double hate replacing it-- so we get rid of it asap in all our units-- ceramic tile if the rents will support it, refinish hardwoods if they're hiding underneath old carpet, sometimes even laminate (not the cheapest stuff... doesn't hold up to water).

That double dip is an extra for an agent.