double closing contract

a double closing is an alternative wholesaling strategy to the wildly popular contract selling method. to put things into perspective, a double closing will have two separate transactions. throughout a double closing, investors will incur the standard fees associated with a real estate closing, which are directly correlated to the state in which the transaction takes place. whereas a double closing will have a wholesaler purchase the property (therefore being committed to the chain of title), assigning a contract will not require the wholesaler to purchase it.