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Updated about 14 years ago on . Most recent reply

User Stats

10
Posts
1
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Scot King
  • Lender
  • Costa Mesa, CA
1
Votes |
10
Posts

Hi, new to forum.

Scot King
  • Lender
  • Costa Mesa, CA
Posted

I have recently learnt about this site through Steph Davis who wholesales in Florida. I read her book, which I found interesting.

I would really like to know if wholesaling is possible here in CA. I'm in Orange County, and my specialty is mortgages. My company, Pacific West Capital has been in business since 2002.

I'm interested in knowing how people wholesale here in California. Is there a title company in CA that will do a double closing or a simultaneous closing?

I have called a number of title companies and I have come up dry.
:roll:

Most Popular Reply

User Stats

407
Posts
90
Votes
David Wedemire
  • Real Estate Investor
  • Bellingham, WA
90
Votes |
407
Posts
David Wedemire
  • Real Estate Investor
  • Bellingham, WA
Replied

I haven't done any REO is Cal but in Indiana and Georgia the banks routinely deleted the clauses. I ended up setting up a separate LLC and transferred membership of the LLC to the new owner.

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