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Wholesaling

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James Vasquez
  • Wholesaler
  • san antonio, TX
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Double closings...quick question..

James Vasquez
  • Wholesaler
  • san antonio, TX
Posted May 13 2011, 07:38

Hello,

This question is probably for those investors in the forum who have completed a wholesale deal or two with bank owned properties. I ran into a situation were the seller (US Bank NA) didn't want to sign the closing docs & deed until I closed my end first. This meant that I couldn't use transactional funding, because they typically only fund for a day and it took 3-4 days to get a signed deed back from the seller who was out of state.

Has anyone ever encountered this roadblock? If so, what did you do to get through it? Any advice is greatly appreciated?

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