All Forum Posts by: Jahl Brown

Hi Jonathan,

thank you so much!! Real estate is such a small world :-). I would love to reconnect with you.   

@Jessica Zolotorofe

Hello From the Future ;)

Ive spoken to a couple title companies, and transactional lenders and I have not heard about double closings/backtoback closings being illegal. Some title companies just don't do them but there are a few that do...

any updates?

Hello BP Community,

I have been a BP lurker for many years and after falling out of love with retail real estate- I am oh so READY to get into investing (my first true love). I have a question regarding double closing deals in NJ. I want to keep away from any short cuts , I am not looking to take large cuts from sellers (I’m a true agent at heart and looking to serve my clients) . Although , double closing is more expensive , I feel it’s a little more legitimate than assigning. I don’t care to hide my fee as I will be very transparent.
Has anyone double closed in NJ?
How did you incorporate the funding fee PLUS the closing costs? Am I wrong about the legitimacy of assigning vs double closing? Do I need to bring my own funds in any way?
Any advice/input/experience would be helpful.

Hello BP Community,

I have  been a BP lurker for many years and after falling out of love with retail real estate- I am oh so READY to get into investing (my first true love). I have a question regarding double closing deals in NJ. I want to keep away from any short cuts , I am not looking to take large cuts from sellers (I’m a true agent at heart and looking to serve my clients) . Although , double closing is more expensive , I feel it’s a little more legitimate than assigning. I don’t care to hide my fee as I will be very transparent. 
Has anyone double closed in NJ? 
How did you incorporate the funding fee PLUS the closing costs? Am I wrong about the legitimacy of assigning vs double closing? Do I need to bring my own funds in any way?
Any advice/input/experiece would be amazingly helpful. 

. 

Hey Maxine,

I’m from the area! Let’s connect!

Hey Kenneth,

I’m in your area! Let’s connect