Has anyone had success with a double escrow on an REO?
I'm familiar with the concept of exchanging a property for one of greater value to delay taxes. But, how exactly does the process work? And who is involved in the exchange?
I've heard about simultaneous closings for reo properties.
Has anyone had any success with this strategy.
And if you have how do you go about structuring this sort of transaction?
Ive contracted to buy home for 137k. Seller wants out. Can re sell for 168k. No repairs needed. I have possession basically on contract to include "and or assigns" if needed to wholesale. Question is, can a realtor pu...
I've been calling attorneys and a few of them have said when you do a double close i have to bring cash to the table as well as the end cash buyer.
So if the property is 50k and I'm flipping it for 60, I would have t...
I listen to a speech saying you can apply and get mutiple line of credit simultaneously ... UnsecuredAnd that while it is illegal to get mutiple mortgages simultaneously on the same property, it is totally fine gettin...
Hi Guys,
I am looking for an investor friendly title company in the San Diego California area.
I need them to be familiar with assignment of contracts, double closings and simultaneous closings.
Thank you very m...
Ok, probably stupid but simple question here....I've seen on the forums and have talked to some title companies about double closings and assignments etc etc......
When doing a wholesale double closing....I can use C...
Some recent BP forums on the same subject got me thinking. There seems to be a problem inherent with double close, wholesalers with no money of their own etc. A recent post suggested by Will B got me thinking. He sugg...
What is the best way to find a good wholesaler in your market? I live in the Houston/Galveston are but am open to other areas around the country. Looking for STR possibilities and small multifamily options.