I am trying to double close on a property I have under contract. What contract do I use for my potential buyer? Do I use a normal purchase and sale agreement even though I haven’t closed on the property yet? Or is t...
So i just recently started my wholesaling business. I gained two cash buyers over two days. I had called my local real estate attorneys and they are investor friendly. I bought some cardboard boxes and made some bandi...
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...
Hello Bigger Pockets Family,I am currently involved in probably one of the biggest wholesale deals I've seen outside of those "Guru" videos scattered all over YouTube. I've gotten a property under contract for $45k wi...
I have been digging into the concept of a 'double escrow', or 'double closing' as a way to get into investing using little to no personal funds. I have seen opinions from both sides of the aisle, but what I really wan...
I recently ran across a motivated seller that is selling a 3 bed 2 bath double wide mobile home. He is asking 28 grand and it has been accessed at 71 grand. The house is in a rural area so to get to it you have to t...
About 2 years ago my landscaper's lawn mower through a rock at our 36"X72" double pane window, shattering it into a million pieces. The replacement cost was $300 installed. The landscaper reimbursed us for the window ...
What does a double closing contract look like as in how does it work
I believe I am reading that's okay for a co-wholesaler (who has the buyer) to earn $5,000 in an assignment transaction (from the buyer). However, I thought I saw that co-wholesalers (who bring the buyer to the table)...
I’m just breaking into he wholesale / investment property scene . My wife and I were having a very thoughtful discussion on how exactly these transactions legally are allowed to happen . Here is my example .I put a bi...