how to secure my position in a wholesale transaction ?

[John S.]

I am in contact with a wholesaler having a house under contract. I know an investor who could be interested in buying it. How do I secure my position to avoid the transaction going behind my back?

[Duane Ortega]

@John S.

Should you decide to go the double closing route, execute a purchase agreement with the seller, and execute a sale agreement with the buyer.  Then set it up to double close with an investor friendly escrow or title company.  Then find a transactional funder such as myself to fund the first transaction (purchase).  If you don't know of any investor-friendly closing agents, we can refer escrow companies in California with whom we've closed previously.  Just lookup my profile and email or call.  I'd be happy to answer any further questions you may have.

Good luck,

Duane.