Zero Down Double Closing?

[Justin Joseph]

Hi Everyone,

I keep reading places that you can do a double closing, using only your buyers (the person you are wholesaling to) funds, making it a no cash required transaction. However it seems to me that to make this happen you would need someone to sign a contract with no proof of funds/pre-approval or have a buyer already in place when you make your offer to show proof of funds.

Is it really plausible in today's market to be able to do a double closing with little or nothing out of pocket? Or is there some trick I am unaware of? Just looking for a clarification, any feedback would help.

Thanks!

Justin