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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