Beginner in WV — How Does Double Closing Work for Wholesaling?

Beginner in WV — How Does Double Closing Work for Wholesaling?

New to Real Estate · Huntington, Wv 25705 · Member since 2026 · 10 posts · 16 votes

I’ve been researching wholesaling in West Virginia and trying to understand the safest and most legally sound way to approach it. One method I keep coming across is double closing, and I’d like to better understand how the process actually works in practice.

From what I’ve gathered, I would first enter into a purchase agreement with the seller, then have a second agreement with the end buyer. I would actually purchase the property in the first transaction and then sell it to the end buyer in the second closing. I’ve also read that an attorney or title company may need to be involved and that some type of short-term or transactional funding may be necessary.

For anyone who has done this in West Virginia, I’d really appreciate some insight:

What does the process look like from the initial seller agreement all the way through the second closing?

At what point should an attorney or title company become involved?

Is it normally two separate purchase contracts?

How do wholesalers typically fund the first closing if they don’t have the cash available themselves?

Do you find the end buyer before scheduling the closing, or does that happen earlier in the process?

Are there attorneys or title companies in WV that specifically work with investors and double closings?

Is double closing a reasonable strategy for someone trying to get their first wholesale deal completed?

Are there any WV-specific laws or requirements I should make sure I understand before making offers?

My biggest concern is making sure I understand the process and do everything legally and ethically rather than rushing into a deal before I know what I’m doing.

I’d especially like to hear from anyone who has actually completed a double closing in West Virginia and can explain how it worked for them. Any advice or recommendations on who I should speak with would be greatly appreciated.

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Member since 2026 · 3 posts · 1 vote
2w

double closing is def doable, works for plenty of people starting out with no capital of their own. main thing is finding a title company or attorney thats actually chill doing simultaneous closings, not all of em are down for it especially in smaller counties, so call around before u even got a deal under contract.

for funding the first closing look into transactional funding, its basically a same day loan just to get u thru the first closing, then u pay it back same day once the second closing happens with ur buyer. costs some fees but thats literally what its made for.

biggest thing honestly is have ur buyer or at least a decent buyers list ready before u schedule the closing date. ppl get stuck all the time cuz they lock in a date with nobody lined up to sell to.

also double check wv rules on assignments and disclosures, some states been cracking down lately, one call to a local attorney clears it up fast.

not complicated once u get the process down, good luck man

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  • Member since 2026 · 3 posts · 1 vote
    2w

    double closing is def doable, works for plenty of people starting out with no capital of their own. main thing is finding a title company or attorney thats actually chill doing simultaneous closings, not all of em are down for it especially in smaller counties, so call around before u even got a deal under contract.

    for funding the first closing look into transactional funding, its basically a same day loan just to get u thru the first closing, then u pay it back same day once the second closing happens with ur buyer. costs some fees but thats literally what its made for.

    biggest thing honestly is have ur buyer or at least a decent buyers list ready before u schedule the closing date. ppl get stuck all the time cuz they lock in a date with nobody lined up to sell to.

    also double check wv rules on assignments and disclosures, some states been cracking down lately, one call to a local attorney clears it up fast.

    not complicated once u get the process down, good luck man

  • Member since 2026 · 230 posts · 35 votes
    2w

    West Virginia wholesale is pretty straightforward legally—the key is making sure your contract clearly states you're an investor/buyer, not a licensed agent, and that you're assigning or double-closing the deal. I'd recommend getting a local RE attorney to review your contract template once; it's worth the $300–500 and saves you from costly mistakes down the road. Most issues come from unclear exit strategies or trying to hide the assignment, so just be transparent with sellers and you're solid. What specific part of the process are you most uncertain about?

    • Wholesaler · Virginia Beach, VA · Member since 2026 · 4 posts · 0 votes
      1w
      Quote from @Josiah Garcia:

      West Virginia wholesale is pretty straightforward legally—the key is making sure your contract clearly states you're an investor/buyer, not a licensed agent, and that you're assigning or double-closing the deal. I'd recommend getting a local RE attorney to review your contract template once; it's worth the $300–500 and saves you from costly mistakes down the road. Most issues come from unclear exit strategies or trying to hide the assignment, so just be transparent with sellers and you're solid. What specific part of the process are you most uncertain about?

      Hey Josiah, do you have any names of title companies or attorneys in WV that are ok doing a double close? I have a property in Wirt County that I need to start title on.

  • Englewood, NJ · Member since 2018 · 356 posts · 60 votes
    1w

    Double closing is two separate closings, not just two contracts: you close with the seller, then resell to the end buyer. Before signing, I’d have a West Virginia real-estate attorney and a title/closing company confirm the structure, disclosures, funding, and settlement costs—rules and title practice vary by state.

    For diligence, I start with public records before spending time on a lead. As an example, a Broward file showed 4253 SW 124 Terrace, Miramar (folio 514035141360), a clerk sale on September 22, 2026, and a BCPA just value of $465,190; it was not under contract. That is only a clerk + property-appraiser cross-check, not an ARV or a promise of a deal. Any bird-dog work I share is prepaid public-record information, not a closing-contingent fee.

  • Wholesaler · Charleston WV · Member since 2026 · 219 posts · 120 votes
    1w

    My biggest advice is do not take legal advice about West Virginia wholesaling from people on an online forum, including me.

    Find a good West Virginia real estate attorney who understands investors and double closings, and become friends with them. Seriously.

    West Virginia has its own laws around wholesaling, and things have changed. Your attorney should be involved before you start signing agreements, not after you already have a deal tied up.

    A good local attorney will explain exactly how they want the A to B and B to C closings structured, what agreements you need, how funding needs to work, and what you can and cannot legally do.

    If you plan on doing this business in WV for any length of time, that attorney will probably become one of the most important relationships you have.

  • Divin KanyamaBusiness Member
    Accountant · Seattle, WA · Member since 2025 · 149 posts · 39 votes
    1w

    You’re asking the right questions, @Christopher Call. A true double closing usually means two contracts and two actual sales: the seller sells to you, then you sell to the end buyer. Because you briefly take title, you’re responsible for the funding, closing costs, and tax and title issues.

    I’d talk with a West Virginia real estate attorney or investor-friendly closing provider before signing the first contract. Ask whether they handle double closings, allow the end buyer’s funds to support the first closing, and what disclosures, timing rules, and fees apply. If same-day funding isn’t allowed, you may need your own cash or transactional funding. It also helps to build your buyer list early.

    Double closing can work for a first deal, but it costs more and has more moving parts than an assignment, so make sure the spread is large enough. West Virginia rules may be changing, so treat this as general information and have a local attorney review your contracts, advertising, licensing exposure, and funding plan before you make offers.

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