Is double closing LEGAL in Ohio?

Question

if so, what title companies do it and if not what ways can I get around it

Eric M. · Answer

I know a good transactional lender!!

Javon Rice · Answer

@Eric Michaels can you give me your contact info

Samantha M. · Answer

Honestly your profit should not matter as long as the end numbers truly are where the end investor needs them at. I have bought several properties from wholesalers where the assignment fee is over 20k. I don't care, good for them! I am buying and holding these properties and they brought me the deals at 72% ARV less repairs, and that is fantastic in this market right now.

If you are getting beat up on your price, find new buyers. It shouldn't matter if your making $2,000 or $25,000

Account Closed · Answer

@Javon Rice,

I know someone that will do it for you.

Joe Gore

Account Closed · Answer

@Javon Rice,

A transactional lender is a dime a dozen just remember the  transactional lender get paid upfront. Do you have a end buyer ready to open escrow with 100%?

Joe Gore

Eric M. · Answer

Ahh, it is me.  Check my signature.  Northside Funding

Javon Rice · Answer

@Eric Michaels can you share their info with me

Javon Rice · Answer

@Samantha M. i hope all people are like you, i havent run into a problem where a buyer didnt like my profit but i was hoping to avoid it before it would possibly happen. Thank you, i will just try it and see how it turns out. Are you an Ohio investor?

Javon Rice · Answer

@Wayne Brooks do you know of any transactional funding places that are pretty good?

Wayne Brooks · Answer

In that case, no.  You need to find transactional funding so you have the funds available to close the first deal.  Will probably cost you 1% or so, plus $400-$900.

Is double closing LEGAL in Ohio?

Most Popular Reply