Double Escrow - Legal ?

[Meghan Andersen]

I have been digging into the concept of a 'double escrow', or 'double closing' as a way to get into investing using little to no personal funds. I have seen opinions from both sides of the aisle, but what I really want to know is if this is legal and if escrow companies are willing to do this for you. Any advice?

[Wayne Brooks]

I assume you are asking about a “dry” closing....where you as the first buyer bring no money, using the money from the second buyer to fund your purchase.....in most places title companies will no longer do this, in some places yes.