Uploaded on Oct 13, 2023
Here is a step-by-step guide to double closing a real estate deal. If you’re a wholesaler looking for quick funds for double closing, look no further than DoubleClose.com. We provide the best transactional funding for over and under $1 million, and there are no fees if the deal doesn’t close. Visit our website https://www.doubleclose.com/ to learn more about us.
How to Double Close a Real Estate Deal
HOWTODOUBLECLOSE
AREALESTATEDEAL
What Is Double
Closingin RealEstate?
A double close is a real
estatewholesaling strategy
thatinvolves two
transactions onthe same
day. One transactionoccurs
between the seller
andthewholesaler,andthesec
ondis between the wholesaler
andtheendbuyer.
The Different
PartiesInvolvedintheTransa
ction
HomeSeller (A)
Wholesaler(B)
Endbuyer(C)
OpenEscrow
Prepare the purchase
andsaleagreement.
Sendthedocumentstothe
closingattorney.
Let them know you’re
doubleclosing.
FindtheEnd Buyer
Once the buyer is
ready,make sure they
wire
theirfundstoescrow.
TransferofOwnershipF
romAto B
Thetitlecompanyconfirms
thefundtransfer.
Thetitlecheckisdone.
Thesellertransfers
ownershiptothewholesaler.
TransferofOwnershipfr
omBtoC
The same process will
berepeated between B and
C
onthesamedaywithinafewho
urs.
FundsDispersed
Theseller (A) getspaid.
The wholesaler (B)
makesprofitsfromthediff
erenceinamount.
Theendbuyer
(C)getstheproperty.
Areyouarealestatewholesalerlookingfor
quickfundstodoublecloseadeal?
ReachouttoDoubleClose.com
Weprovidetransactionalfundingforoverandunder
$1million
Visitwww.doubleclose.
comTolearnmore
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