Jason O.
double closing & transactional funding & clauses
Is there a way to do a double close w/o trans funding? What other methods are there?
Is this a smart idea? In order to cover any losses, I get a non refundable down payment from end buyer that includes the 1.75 to...
Frank McGovern
closing costs in wholesale deal
This may be a stupid question but I really dont know the answer (I am a newbie). When you find an end buyer, does the buyer expect to pay the closing costs? If not, how do you pass the cost on to the end buyer? Any ad...
Mike Watkins
Assigning a deal with over 20k assignment
me and my partner are about the lack of a deal where we could potentially make more than $20,000. I brought up that we could get transactional funding and double close on it to the end by or do they not see how much w...
Victor S.
Financial Engineering Re: Closing on first property
Hi, all.Just signed a contract on my very first property today. To give you some info on the property. It sits on an acre lot in an older neighborhood (variety of houses of different sizes). Has been on the market for...
E. Jacobs
How fast can you close?
I just saw a bandit sign on my way home from school in Indiana that said:
Sell Your House in 48 Hours!
[Phone Number]
WE BUY HOUSES.
I was just wondering how long it usually takes from the time you find a serious ...
Jack B.
Sellers needs extension due to tenants
Supposed to close on the 5th, the tenants were supposed to be out by end of April. I want the house, though I'm frustrated as hell about this. Here I am all packed up, and these scummy (I've met them) tenants and thei...
Kelvin J.
Closing dragging on. How can I remedy future closings/rehabs?
BLUF: Was supposed to close an off market cash purchase in <10 days and we're now going on 3 weeks. The hold up is at the title company. How can I approach a deal to ensure the fastest close possible in the future ...
Jason Malabute
got property under contract and setting up llc
Hi guys,I finally have my first rental property under contract. As long as the inspection goes good on Monday I will have my first rental property. I'm so excited.Questions:1. When should I start setting up LLC to put...
Sharon Whipkey
1031 Exchange Panic, looking for quick help
We want to identify 8 properties.
1. If one property falls through is the whole exchange lost or just the one property's value gets subtracted from total value of property accumulated and liable for capital gains ta...
N/A N/A
Double Closing
Hello everyone,
I have a few questions about double closings, who is actually paying the closing costs for both closings? When I get the buyer do I then contact the title agency and tell them i need a double closing?...