Buying properties from other wholesalers using my own contracts.

Buying properties from other wholesalers using my own contracts.

Investor · Louisville, KY · Member since 2014 · 2 posts · 0 votes

Hello everyone! I have a question in regards to purchasing properties from other wholesalers.  

Can I use a double close agreement to close on a deal from another wholesaler that is ready to close on a property with one of my cash buyers?

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  • Investor · Atlanta, GA · Member since 2016 · 627 posts · 374 votes
    5y

    You can just use an assignment agreement. They can assign their contract to you for a fee and you can then assign over to your buyer, or you can double close.

    or they can close but then you have a contract with the wholesaler and you assign yours over to the end buyer.

    the last crazy option is 3 closings, which is nuts but happens.  Seller closes with your wholesaler.  You close with that wholesaler, and your end buyer closes with you. 

  • Investor · Louisville, KY · Member since 2014 · 2 posts · 0 votes
    5y

    Thank you Jesse for your response. I really do appreciate it. 

  • Investor · Atlanta, GA · Member since 2016 · 627 posts · 374 votes
    5y

    yes sir, np @Rafael Elias Leal

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