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 “A-B” first transaction, you purchase the property from the seller. And then right afterward – in the “B-C” second transaction, you sell the property to your cash buyer. Need clarification on the wholesaling process? Read my recent blog on selling a house fast!

So what do we know about double closings? Are they “good” or are they a total pain in the backside?

My answer? A little of both…

The good news with double closings is that your financial privacy remains intact, at least initially, and that’s what matters. Only you know how much profit you’re generating from the deal.

See, although your end buyer knows you’re making a profit, sometimes they can get a little iffy or uncomfortable if they know it’s a substantial profit. (Yes, I’ve seen it happen.) Say, anything over $10,000. So, if you’re going to be making that kind of profit, this method is great.

But where there’s a positive, there’s almost always a negative…

The downside with double closings is that you have to work with two different sets of closing costs and sometimes two different closing agents.

Is that reason enough to NOT do double closings?

Absolutely not.

If the deal makes sense – even if you have to cough up two sets of closing costs to proceed – it’s still worth it.

Another potential stumbling block with double closings is that you have to have the money to buy the property and complete the first transaction BEFORE you can carry on with the second transaction.

However, a few months ago I developed a program that gives investors the opportunity to use $1,000,000 of my money for their wholesale deals. Then, there are NO FEES for using the money making it easy and inexpensive to complete those A to B transactions! I know it may sound too good to be true but I assure you it’s not.

>> Click here to learn how to get access to $1,000,000 in No Fee Transactional Funding today!

Tips about Titles

With double closings, you’ll need an investor-friendly title company – one that’s done business with real estate investors before and knows how we operate.

And, these simultaneous transactions sometimes actually require inviting two title companies to the party.


Because you may have a title company you know and trust, but the bank (seller) may insist on using another one. But again, don’t let that stop you from moving forward with the deal if it’s a good one.

Working with one title company is obviously easier, so whenever possible, use a single title company. If you don’t know any reputable and reliable investor friendly title companies, get a referral from fellow investors or from us. We’ve worked with hundreds all over the USA.

Since we’re talking about title companies, I want to briefly mention the actual title of the property…

It’s in your best interest NOT to take the title in your own name because that helps you avoid unnecessary risk. Rather, make the offer in the name of your Corp. or LLC, and sign the contract as President or Secretary or Member. All of that helps protect you.

Save the Stress: Don’t Attend the Closing

Listen to me now, friends…

You do NOT need to attend closings.

For starters, they are a snooze fest. Secondly, attending closings leaves the door wide open for you to say the wrong thing, or worse – say too much. Don’t risk destroying your deal. Don’t go.

Let me explain…

See, way back when, I was about to close a deal that would put $360,000 in my pocket. (No, that’s not a typo, and no, I didn’t add an extra zero by accident.)

Against my better judgment, I let my attorney talk me into going to the closing. Everyone came to the table, papers were everywhere, and all I could focus on was a file folder with my name on it because I know that inside that folder was my big, fat check.

Long story short, the closing agent fumbled and stumbled and couldn’t find the necessary documents to close for what seemed like an eternity. She almost called the meeting and rescheduled, when (sigh of relief) she found what she needed – thankfully, before I went into full-on panic mode and opened my mouth.

But in the meantime, I seriously almost had a heart attack! It was so unnerving that I swore I’d never go to another closing again… and I haven’t!

Closings can cause investors unnecessary stress and provide a terrible opportunity to say the wrong thing – so take my word for it and stay home.

After all, that’s why you have an experienced closing attorney and/or title company to handle all of that for you – and for a good reason.

Heads Up!

A few important final notes…

Be aware that some title companies may say double closings can’t be done. They’re wrong.

Double or simultaneous closings are absolutely legal and happen every day. So, you may have to walk some companies through the processes. However, as I mentioned before, my advice to save you time, hassle and stress – is to work with title companies that have experience with double closings.

In my opinion, double closings are clean and simple, and their advantages far outweigh the fact that you may have to pay a bit more in closing costs. But that’s a price well worth paying, considering that you don’t need to sit through your closings and can quickly close a deal.

Also, remember that every state has different laws (and they’re constantly changing), so understand your state’s requirements before you dive into a double close – or, better yet – let the experienced Closing Attorney or Closing Agent handle it to make sure everything is done above board and you’re protected.

One last thing on the transactional funding we provide for our clients… We’ve funded more deals than you can imagine and REALLY know what we’re doing. So, when we’re involved, you literally have my team on your team and we help make your deals go as smoothly as a baby’s bottom. There’s no doubt that this kind of professional oversight is invaluable to our clients.

Leave a Comment Below

Let me hear about your experiences with double closings. Feel free to share a comment or tip below.


Cameron Dunlap

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55 thoughts on “Double Closings Explained and Why You Shouldn’t Attend Them

Hello Cameron,
Nice blog, it keeps my brain on the process of a double close plus an assignment.
Thank you,
Ronald Goode

why do you have to have money to close on AtoB-transaction. Do you mean a bridge loan? Would you, please, explain…
Also, pls, provide details about using a 2nd escrow company. is there anything you should pay attention to? I’ve never done it… always used one.

From what I have heard & done, in double escrow the B-investor uses C-buyer’s money to pay to A-seller and to B-himself?

Using the C buyers funds to close the A to B transaction is how it used to work. Now, if you want title insurance, using the C buyers money is typically prohibited.

On a 2nd closing agent, that will typically only come about when you’re buying from a bank and they insist on using one that you would rather not use for the B to C. Not every closing agent will do double closings so if you’re buying from a bank and their preferred closing agent won’t, you’re going to need a 2nd to handle the B to C. Not a big deal if we’re funding for you because we will help manage the process.

I hope this helps.


Steven Wright/ Jacksonville, Florida says:

Very powerful, and much needed in todays real estate world. I’ve been following you Cameron since your beginings with Ron, and I have to say you are one of the best, and most honest trainers in the business. I love your NO BS approach to real estate. Keep up the good work ..Be Blessed

Thanks Cam! Always nice to get a refresher course on the various processes involved in completing a deal.

Do you fund a purchase and rehab for sale after the rehab?

No we don’t. We only do same day/next day “transactional funding” for wholesale deals.

Cam, it is my understanding that “double closings” and “simultaneous closings” are different only because of one thing.

I, then am curious why you say that there are the same. In your explanation of a “double close” indicate that they are the same.

Please explain.

As far as I am concerned, they are the same thing. How much time lapses between the 2 may vary and then one could argue that if they didn’t happen at the same time and (say) an hour lapses between them, then it would be a double closing not simultaneous. We don’t care. If they happen on the same day or even the next day, we consider them a simultaneous or double close.

You getting your paycheck is what matters. Nomenclature doesn’t matter much to us.

Good info
A title company in Ohio
That B has disclose to C
Your profit.
Used to be Did not have to disclose.
Now they say full disclosure.

Calling BS on that. Find another Title Co. There’s certainly no shortage of them.

Hey Cameron I do business in San Diego. Do you do transactional funding here? & if so how do I go about moving forward with you on that?

We sure do Matt. Give my office a call at 607-936-2200.

Hi Cameron, I am here in California and would like to know if you are still offering transactional funding for “simultaneous close”. Also do I need transactional funding if I am doing an assignment or selling my contract to the “c” buyer. I havent been able to get any clear answers on this.

Joshua – yes we sure do offer transactional funding and with no fees!

No you don’t need funding when you’re doing an assignment.

Very good info Cam, I taking note, I haven’t done any of this yet.

My title company in NJ is telling me that I need to let the seller in an A to B and B to C transaction that I am selling to the B to C? Is that correct

Not to my knowledge.

We can refer you to a closing agent in NJ that we use ALL the time. They’re excellent. Please call my office!

Hi what I read was great thank you I am looking for a good title company in New Jersey do you recommend one especially that knows about double close I called 10 places they don’t know what a double close is . I am working on house now. I live in jersey shore are but the house is northern jersey Bergen county looking for a good one. Or do I need an attorney?

Hey Jessica. We refer folks to good, investor friendly, closing agents (title companies and attorneys) all around the country. Ones we have worked with directly.

I know we have an excellent one in NJ. Please call my office at 607-936-2200 and we’ll be happy to help you.

This information is very helpful. Thanks Cam.

How do I go about double closings in NYS? I called a title company today and the lady seemed completely lost. She said I would have to go to an attorney for escrow and double closings.

Bobby, you’ll definitely want to do all your Real Estate closings, including double closings, with an Attorney in NY.

Hi Cameron. This info is very helpful to me, asd I am a new RE investor and have herard some negative opinions about double closings (e.g. as not transparent or ethical). I also am surprised that I do not need to attend the closing(s), but you provide excellent reasons not to. Thank you!

I need an investor friendly title company in the Marin or Sonoma counties of California to handle double closings

Happy to help. We have many in CA that we’ve worked with and can recommend.

Please call my office and we’ll be happy to provide it. 607-936-2200

If you have the “C” buyers funds in escrow, you need transitional funding. You close with the “A” seller and then close using the “C” funds. At least in AZ, you can close this way.

In general, if you want a title insurance policy, you are prohibited from using the “C” buyers money to close the A to B transaction. I certainly do, even if my entity only owns the property for a matter of minutes or hours.

If you are closing with an attorney, you might have the option to protect yourself from a title defect with his/her Errors and Omissions Insurance. That may be acceptable to you but the issue is having no coverage when the attorney no longer practices law and there for has no need for the coverage any longer. Anecdotally, a lender typically will not accept E&O as an equivalent.

Hey, Cam I am located in Mass. I was curious if you knew any investor friendly title companies in the area. I am looking on closing my first wholesale deal. I will meeting with the seller to reevaluate the property, and put it under contract. I Want to meet with A title company that can help be write a P&S that is legal and protects me as a whole seller. I am also curious about your transactional funding and what you need from me if we were to move forward with that process. If you could contact me at your convenience, I would greatly appreciate it.

Please explain to me how you sign your closing docs for buyer and/or seller on the transactions if you do not attend the closing in person.

In advance and anywhere in the world, thanks to Fed Ex.

Hello Cameron,
I am looking for an investor friendly Title Company in Southern California (Riverside County to be exact) Would you be willing to refer one to me?
I am interested in doing double closings.

We have a couple we recommend, but I don’t know them off the top of my head. NJ I did. Please call my office and we’ll be happy to share their names/contact details with you. 607-936-2200

Hey Cam, great article, very helpful. One question: if I don’t attend the closing, then I assume my attorney will be going to the closing. Am I correct in also assuming the attorney then has POA to sign the documents for me? So, the attorney signs for me who is signing as a registered officer of my corporation?

No POA unless you give it to him/her, and there’s no need for a mail away closing. You sign in advance and return docs to the closing agent.

Hi Cameron!
You are a true gentlemen investor! Your information is spot on! I have only completed an assignment before and it was quite a task at that. I will have my LLC formed very soon and I can not wait to get many deals done with you and your team!
I very much look forward to meeting and shaking your hand!

When I do my first deal it will be with you so I really appreciate the information that you gave today I’m in Oklahoma so I would need to know any title companies or agents that do the double close here. But if you don’t go to the close they mail you the check and they mail A party the check also.

I understand that your “team” is on my team, in the sense that they will go over all the docs prior to the double-closing, and make sure everything is in order, all I’s dotted and T’s crossed, etc. But how and where exactly do I get the docs to you? Have my closing agent overnight them to you? Fax them to you, or email scanned copies to you?

Hi Cameron

I’m new to this, so bear with me. From my understanding the step by step process for a double or simultaneous closing is as executed through Real Estate Wealth Network is as follows:

Step1 The wholesaler reaches an agreement to purchase a property with the seller of a property. This could be the owner of the property, a realtor or a bank.
Step 2 The wholesaler forms an LLC for purpose and signs a standard non-assignable sales contract with the property owner, realtor or bank, as the case may be.
Step 3 The wholesaler then finds a cash buyer or has already arranged for a cash buyer to purchase the LLC on the day of settlement.
Step 4 The title company prepares the documents (survey, title, deed, insurance, etc.) for the sale of the property by the LLC.
Step 5 On the day of settlement, the seller is paid in full by Real Estate Wealth Network and the LLC owned by the wholesaler is recorded as the owner of the property. Real Estate Wealth Network is granted a lien on the property or some other legal assurance that they are paid in full for the amount paid to the seller immediately following settlement.
Step 6 On the very same day or the next day, the cash buyer purchases the LLC (along with the property the LLC now owns). Change in ownership is executed through a quit claim deed or some other title change, and the proceeds of this sale minus the wholesale fee and other agreed upon cost assumed by the cash buyer is paid to Real Estate Wealth Network.

Is the step by step process outlined here correct? If not, please clarify.

How is Real Estate Wealth Network and wholesaler protected if the cash buyer is a no show?

Mark Thomas

What you’re describing is A way to do it. Selling the entity is not necessary however – in most cases. There are times when it’s THE thing to do however.

You’re have it about right but you’re complicating it a lot more than it needs to be.

Attend one of my events.

I am from Malaysia. Do you do transactional funding for Malaysia deals?

Thanks , clearly done with good insight. Eventually the end buyer will find out your profit weather you have a double closing or not. I often wonder if they would try to kill the deal and go around you. I would have to say most likely not,

If you do not charge for transactional funding, how would you get your fee?

Know any investor friendly title companies in Oklahoma? Thanks for the insight.

We maintain a list of closing companies (title co’s and attorneys) that we have worked directly with when funding deals for our clients. We put them on the list when we that they are knowledgable, investor friendly and easy to work with. If our experience passes that test, they go on the list. If we work with them again in the future, and we often do, and they don’t pass the test (and it happens) we pull them off the list.

You can access the list at the bottom of our home page or, here is a direct link

Hello Cam, thank you for sharing your experience and explaining the transactional funding process. There’s something else missing that I need you to please explain. Say, I have a property under contract and I can’t find a buyer, can I still close the deal with the seller and extend the date to find a buyer? Or do I terminated the contract before the closing date? You also mentioned to have the contract in your LLC instead of your name which is a good thing to avoid risks. Also, is it better to do an assignment contract whereas B- the investor will not provide funds and C- the buyer will front all fees for the A-the Seller to complete the contract and at closing, B-the investor will receive their commission and C-the buyer will pay A-the seller. It seems like an assignment contract will be better if B-the investor don’t have the funds for the contract. Can B-the investor ask for advance fees and have it deducted from their commission? I believe it would make the transaction runs smoothly on both sides and an assignment contract would not be needed. It’s just my opinion.

Thanks Cam for this insights,
I also like this part, “It’s in your best interest NOT to take the title in your own name because that helps you avoid unnecessary risk. Rather, make the offer in the name of your Corp. or LLC, and sign the contract as President or Secretary or Member. All of that helps protect you.”
Can we see sample of the contract or the link to these resources?

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