Updated over 9 years ago on . Most recent reply

A to B, B to C Wholesale Deal - Do you transfer the Deeds Twice?
Hey Bigger Pockets Community,
I am looking at doing my first wholesale transaction. For reasons I don't feel like explaining here I need to do a Double close or an A to B, B to C transaction. Should I have the title company prepare the deeds for both transactions?
Most Popular Reply

When you do that form of transaction you have to complete two deeds and, just to be safe, both transactions should have title insurance. Even though B (the wholesaler) holds the property for only a few minutes, they do own the property.
Allen Fletcher