So, I'm thinking for my next mountain to climb, I will be applying my resources, staff, and experience to provide a tailored service for real estate agents.

Seller would only have to come to the table with closing costs which is a big minimization of loss when considering credit.

Not enough equity to do much with the deal, unless the seller is willing and able to bring some money to the table to meet your price.

Many people use the terms "simultaneous close" and "double close" interchangeably, though here is the most common differentiation I hear:- Simultaneous close is when you use your end-buyer's funds to fund your purchase, thereby eliminating the need for you to bring any funds to the table;- Double close is when you bring your own funds (or borrow funds) to close the first transaction (where you buy) and then after that transaction is closed (minutes, hours or days later) you resell to the end-buyer.I've never heard of "simultaneous double close" but my guess is that someone is just mixing up the terms above and actually means one of those two things...

About the closest I have come to no money down is an owner finance deal with 3,900 to the closing table for partial escrow and title policy.It was a unique set of circumstances and not common though.

So, to wholesale such a deal, you need to be able to double close it which would require you to come to the table with enough cash for the purchase price and closing costs.

You can also use an amortization table but you have to know the starting loan amount, total years financed, interest rate, and the remaining years to be financed.

Always ask about "back end fees" because some lenders will tack on fees and points due at payoff, and you don't find out about them until you are sitting at the closing table.

Have your title company to review and see there is no underlying mortgages or tax liens, etc. and whatever amount of cash that you bring to the closing table pays off anything seller owes on the property.Good Luck!

It sounds like both you and your sister want control and would be a recipe for disaster.Why don't you just have a passive investor that brings the cash to the table??