So I have read the statute in Florida on assignment of contracts and it seems to be somewhat risky. My question is if I do a double close does that absolve the risk?

@Mike Harper

Yes

@Mike Harper Just make sure you have the means to close on any property you put under contract. Florida law is pretty clear that entering into a contract to purchase knowing you do not have the ability to close is considered fraud. The good wholesales have funds to be able to actually close on the property and turn it after if they are unable to get it sold prior to the closing date. Send me a PM I am in central Florida and may want to get on your list. 

If you do not have a RE license you run the risk of getting charged flipping a contract. A bunch of guru's will tell you that you are just selling equitable interest because they want to sell you a bunch of classes. But I guarantee you that if the State wants to fine you for it "equitable interest" is not going to cut it. And you will pay a fine or pay a bunch of legal fees.  Double close is a lot safer. 

with the great land trust statutes we have in Florida, I wonder why most non real estates licensed wholesaler don’t use this tool more often.

Originally posted by @Charles Borrelli :

If you do not have a RE license you run the risk of getting charged flipping a contract. A bunch of guru's will tell you that you are just selling equitable interest because they want to sell you a bunch of classes. But I guarantee you that if the State wants to fine you for it "equitable interest" is not going to cut it. And you will pay a fine or pay a bunch of legal fees.  Double close is a lot safer. 

There are gurus who aren't interested in selling you anything who will argue that and have no problem (or fear) of facing the state. 

To legally wholesale is EASY:
1. Buy then resell
OR
2. Get licensed.
Simple!!