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22 September 2013 | 16 replies
A double or simul close on a property doesn't involve an assignment and is typical in this situation.
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11 February 2013 | 2 replies
If you assign, the buyer and probably the seller will know how much you're making (it's on the HUD) and if you double close, you can keep it a secret until the docs are filed publicly.Double closing will cost extra money, unless you pass those costs onto the buyer.
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12 February 2013 | 13 replies
(This strategy is called "assigning" since you personally never close on the property)The formula most wholesalers (assignors) use isMax offer=After Repair Value (ARV) X 70% - repair costs - assignment fee.Some other strategies to read up on are Sub 2 (subject 2), wraparound mortgages, and true wholesaling with a double close.Good luck and keep reading and asking questions here on BP!
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18 February 2013 | 19 replies
clean title. 1 current leak through the kitchen window, leaks damaged LR floor, and water rings on ceiling in bedroom. pics provided:http://s1359.beta.photobucket.com/user/rowan52/library/The $3k was to move from city to city, about 45mins.
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13 February 2013 | 13 replies
Roberts and Hilliard/Rome road are now double lane with constant traffic, and developers are starting to to build more and more west, they finished up the 3rd high school.
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13 February 2013 | 12 replies
For the courthouse deals, we pay cash the day of sale.FYI: With exception to the courthouse steps purchases, you can still wholesale Hud, REO, SS, FHA, etc. deals without having to double close or simultaneously close.
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14 February 2013 | 7 replies
One of the bedrooms was mine but I wasn't staying there because I was working out of town.
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14 February 2013 | 10 replies
If you did a double close then whatever your purchase price was, is your purchase price on record.
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15 February 2013 | 6 replies
Cali or not that's way to much for a double and quad.