Title agents / real estate investors in Arizona: Do I have to have money in the escrow account to pay for a property or can I use the buyer's money to close the sale (simultaneous/double closing)? This concerns a coup...
Hi everyone, Being new to the real estate investing scene as a wholesaler, I had a few questions regarding double closing. I know how it works, with two different purchase and sale agreements, one being between you an...
We have agreed on a purchase price on a 5 plex with 5 garages and a 4 bedroom double wide on the property. The title search just came back on the double wide showing no title. Seller says county will not issue a tit...
Hey guys, I had a few questions I wanted to ask and the first one is if anyone has had problems in IL using double closing/back-to-back closing/simultaneous closing (whatever you want to call it) where there are two s...
Investment Info:
Mobile home other investment.
Purchase price: $15,000
I purchased a double wide mobile home from Craigslist for $15,000 using a 401K loan. I used a combination of a 401K and a HELOC on m...
Hey BP,I'm a little new to wholesaling and just start learning the ropes. My question is specifically about double closing.I've been reading that when you double close the end buyer can cover closing costs from the fi...
We do short sales and have a double close in California. The attorney we were using just walked out. Does anyone know a good transitional funding company and a title company that will not balk at this transaction. Al...
Recently, another investor that I have done tons of business with over the years called me because he came across a house that he knew I would like. Up and coming neighborhood that I knew really well, multi family th...
In my Kansas City (Kansas and Missouri) Double Escrow is now illegal. How do you handle Assignment contracts without parties having a problem with the amount of profit?
There are Five important points regarding Short Sale Double Closings (A to B; then B to C): 1) Necessity of Title Insurance for the A to B transaction; 2) Necessity of Disclosure to Short Sale Lender ("SSL"); 3) Neces...