People that completed at least 20 wholesales, do you double close or you do an assigment of the contract?

[Pavel Sakurets]

What do you guys do, double close so the end buyer doesn't see how much profit you made or you do an assignments of a contract?

I typically do double closing (and pay extra closing fees $500-$1000) for double closing (transfer tax, deed tax, etc.)

What do you do?

I've heard that many sellers flip out when they see how much money you are making as a wholesaler on the HUD.

Want to hear from people that specialize in wholesaling and do at least 20 deals per year.

[Joe Villeneuve]

@Wayne Woodson You don't actually sell the LLC. The new "buyer" becomes a member, and buys out the old...it's an internal action. No state that I know of has anything to say against it.

Joe Villeneuve