Updated almost 7 years ago on . Most recent reply
When to Wholesale vs. When to Double Close?
I have noticed that some wholesalers have used the method of double closing to facilitate some of their deals. As I understand a double-close means literally buying the property as the buyer then turning around and selling it (immediately) to another buyer the. At the same time, this hides from the original seller your intentions to resale the contract to a higher paying bidder buyer. So my question is this: In what instance would I want to utilize this double close method instead of doing the standard wholesale method?