Rich These are good questions, and questions I've been thinking about a lot lately...Certainly, if I could find investors/wholesalers who were strictly doing simultaneous closings, and where I would never for a minute have any money at risk, I would do as many as I possibly could.Around here (Atlanta), most investor-friendly title companies are only willing to double closes, where the wholesaler must close the first part of the transaction with his own funds before reselling to the end-buyer.

No more than one in the past two years.Security deposits: 100% must be paid up-front unless they are actively working with a community organization that guarantees their deposit.

I have built single family homes, rehabbed residential and commercial property, tenant build outs, and renovated multifamily units for the private sector, community development organizations, and non-profits.

It's true that someone needs to sign on behalf of the company, but that doesn't need to be "you" -- it just needs to be someone who has authority to sign on behalf of the entity, based on the by-laws or operating agreement.That someone could be a spouse, partner, another member of the LLC, or if you want to give Power of Attorney, potentially someone completely unrelated to the company (though the POA will need to be signed by someone with authority from the entity).Also, at least in my state, the Articles of Organization don't require the naming of any members/managers/shareholders, just an authorized agent (which could be an attorney).

I don't do double closings, I buy, rehab and re-sell on the MLS for top retail to owner occupants.As far as having to use the bank's title company you have options there.1.

There's nothing wrong with purchsing a property and then turning around and reselling it.

I'm interested in knowing how it goes down for you as you progress as well. to help clarify your answer to Jon, you're stating that once you 're-sell' the property for a profit the seller will get 30% of the 'gross' profits with a limit of 300k?

My pads might turn over at a 7-10% clip yearly- but because they resell the home I do not need to worry about fixing the home etc...

Some do OK, but they know the area intimately and I think are very much present at their properties to keep an eye on them, plus know exactly what marketing works to resell or get paying tenants in.

A full title search costs $200 from the local title companies.I would just want to resell them on a QCD.