Guys I need some help. I’m fairly new to wholesaling. I’ve got a property under contract. I have an interested cash buyer but I want to double close. So I’ve my closing agent in place. Now my question is if whether I ...
When wholesaling a non-assignable reo contract and you have to do a double closing do you have to "buy" the property to close on this from the bank? Then you "sell" the same property to your end buyer, while at the ti...
When using a double escrow to flip can you use the same purchase agreement with your seller and buyer in escrow??? Or should I use a different form for that?
HELP! Just doing my first deal (wholesale). I cannot assign (based on sellers contract) and I did not choose the title company for the close (I was unaware how important that is!). The title company the seller chose h...
I'm using the "Multiunit/Cap Rate" method to determine the price on a duplex. Stated annual income is $9,600. Using the 50% rule, I'm expecting expenses to be approximately $4,800, giving me a $4,800 annual NOI. At...
If I purchase a property from a wholesaler and they did a double close, does it increase my closing fees in any way or there should not be a difference in closing fees than if it were not a double close transaction?
I'm new to real estate investing and hope to make it a successful career over the next 30 years. I plan on making my first investment in the next 12 months hopefully when the housing market cools down a bit. My questi...
Experienced wholesalers... Do you prefer assigning the contract or double closing? And why?
I'm a beginner wholesaler in Ohio and my attorney said that in order to do an assignment I need funds to close on the property initially then if I want I can assign the contract to an end buyer. I'm just starting so I...
I offered to help a wholesaler friend of mine to sell one of his deals. The thing is that I want to make everything legal and get paid for it but I am not sure how to do this. Do I do another assignment of contract on...