Another route that the wholesaler could take is to
double close the deal.
Not exact matches
These insights will help you
double down on the most useful content and messaging and ultimately help you
close more
deals.
And how feasible was it that he could help the company literally
double the rate at which it
closed new
deals?
Tottenham Hotspur look to be
closing in on a superb
double deal worth around # 29m, with the north London outfit poised to raid their rivals Chelsea.
Manchester United are
closing in on a
double deal for Gareth Bale and Arjen Robben, according to the Daily Star.
SEE MORE: Video: Leonardo Ulloa
doubles Leicester City's lead with header Chelsea
close to
deal for # 28.2 m Serie A superstar Video: Riyad Mahrez accepts gift from Ashley Williams to ease Leicester nerves with opening goal
Spurs are
close to sealing a
double deal ahead of the deadline - 19 - year - old Argentina Under - 20 defender Juan Foyth from Estudiantes for # 8m and the # 23m signing of Paris St - Germain right - back Serge Aurier, 24 (Guardian)
Sources
close to the
deal revealed the German team who are eyeing promotion to the Bundesliga are willing to pay
double digit transfer fee for the Nigerian, a situation which is gradually forcing Viking into a having a rethink about their earlier stand on the player.
While that's all true, the
deal is for so much money: The transfer fee more than
doubles the previous world record; Neymar's dad, who's also his acting agent, could get as much as $ 40 million in fees; and the total cost of the
deal could be
closer to $ 450 million.
Yonge thinks he should look to do a
deal with the DUP, who are
closing on
double figures.
GM's dealers may have been
dealt a
double whammy today, as reports are saying that the General may drop its GMC and Pontiac brands, and is hoping to speed up its plan to
close 1700 dealerships.
See it use to be that investors would flip their
deals by doing a simultaneous or
double closing and use their end buyers funds (dry funds) to fund the first transaction between them and the seller.
Combining the two
doubles the amount of money you can make without any risk, so long as you pay
close attention to the fine print of each
deal.
I haven't seen any clawed back rewards either on my Discover card, but it seems like Discover is taking a much
closer look at these purchases after a sure spike in purchase volume in specific stores with their
double cash back
deal.
Since they often
deal with records and forms, these assistants have to pay
close attention to everything going on around them and
double - check their work.
or is an earnest money deposit enough for them at that time, until you go to
closing (at which time you will have an end buyer in place and using a transactional loan, you can
double close on the
deal) Thank you Tim R
A «
double closing» is generally referred to when the buyer uses his own funds to
close the
deal with the seller, and then the end - buyer purchases the property from the original buyer with his own funds.
So if you're
double closing or assigning on financed
deal, it's going to be harder; unless, of course, the bank says it's ok when you disclose it.
He also said he
deals in buying and selling, not
double closing, The best thing to do is use transactional funding when buying and selling.
When done properly you will never need cash, credit or money lenders to do a wholesale
deal unless you have to do a
double close which is rare when working directly with sellers (FSBO).
When we bought, we essentially paid the seller's
closing costs b / c he was going to back out of the
deal, and we got an insane
deal on a property that has
doubled in value in just a couple of years.
When the
deal closes later this month, our investment will have
doubled.
If you can find great
deals and get them under contract, you can
double close on bank owned properties, and stay legal that way, or as @j Scott mentioned get your real estate license.
In those
deals I used assignments or
double -
closes or short - term hard money loans.
Yes you CAN wholesale MLS stuff, but you actually need to get the stuff under contract and assign or
double close like any other wholesaler will with real
deals.
@Jerry Puckett - Yes, as I suggested, he can simply
double close which means he has to fund his first purchase transaction (A-B) before selling his B - C
deal to his end buyer.
One of the first pieces of advice that I received from the pros after getting into this business was this: Don't ever let the buyers and sellers talk to one another, especially when working a
double - ender, until after the
deal has
closed.
This way, instead of having to
deal with
double closings, «assignments», etc...
All of our
deals so far have been wholesale flips using either assignments or
double closings.
WEEK 12 -
Closing the
Deal via
Double Closing and Recap of the Training - This week you will learn how to put the
deals together and receive your check.
If you're
closing on a
deal and then reselling to your end buyer via a
double or simultaneous
closing, I don't see how you would be doing anything to risk your license.
I've never wholesaled a short sale, but it is my understanding that you'd have to
double close the same as with an REO (non-assignable
deal).
Michael if you were
dealing with a wholesaler and he charged a «fee» then more than likely he was looking to either assign the contract or sell you the property via
double close.
If we did a
double closing we could make a ton from this
deal but we had decided to start with assignments because they were easier.
All wholesale
deals will be
closed at the title company that is selected by the Distressed Real Estate Institute and we only work with select and pre-approved title companies for
double closings.
If you are willing / able to
double -
close, there is money to be made in the middle of an MLS
deal (wholesale profit).
But on my last
deal, they will get a return of
close to 100 % IRR as they will
double the $ 300,000 into $ 600,000 in 9 - months.