Double Closings Explained and Why You Shouldn’t Attend Them

Double closings – not to be confused with assignments – aren’t as complex as they seem.

Simply put, a double closing in real estate investing is the simultaneous purchase and sale of a property that involves three parties:

  • The seller
  • The investor
  • The end buyer

It’s essentially two transactions commonly referred to as the “A to B & B to C” strategy and looks like this:

  • Person “A” is the distressed/motivated seller
  • Person “B” is you, the real estate investor
  • Person “C” is the final buyer.

During the

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9 MUST KNOW Factors For Pulling Real Estate Comps You Can Trust

Sooner or later, you’re going to have to pull comparables on the properties you’re considering buying. It’s an important part of every successful Real Estate Investor’s day… So let’s define a couple of terms before we dig into this… First, the “subject property” is the one you’re considering buying. Comparables are your absolute best tool to determine the value of the subject property. Real estate agents and investors like you and I will “run or pull comps”, to determine and justify the value of a subject property based on comparable properties that have sold recently within the area. In other words, properties

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How to Avoid Major “Bumps in the Road” When Wholesaling REO Properties

Investor friends, here’s a short yet interesting post that I think you’ll appreciate. It, of course has great lessons to take away… It dawned on me that you could benefit from hearing this story about how I got past a few bumps in the road when wholesaling REO Properties with an FHA-approved REO. You see… this could have turned into a complete disaster – with loads of time and effort lost and wasted. But thanks to some preparation and creative thinking, I managed to make it work. I want to share this lesson with you, so you too, can see

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Vacant House Gold: How To Flip Houses Quickly, Cash The Check and Repeat!

Today I’m going to show you how to flip houses quickly and repeat–creating a pattern and a rhythm so that you can flip fast and make money even faster (and repeatedly). But….before we dive into that, quickly let me recap from my previous post. When we last met, we introduced the necessary steps to striking a deal with the seller. We talked about how to proceed with deals when the bank is the owner. Then we got into pulling comps and establishing values. Starting to ring a bell? Good. But that’s just a glimpse back in time, so I

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