Buying properties from other wholesalers using my own contracts.

3 Replies

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?

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.