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esaler to the e
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By ts st
Published on July 15, 2016
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esaler to the e
to the buyer, and from the bank's standpoint, the buyer remains the same (i.e. the "throw-away" LLC).Double Closing. An alternative, and less desirable way to wholesale, would be through a double closing. This alternative results in two closings at the same time: the first results in sale of the property from the seller to the wholesaler, and the second results in the sale of the property from the wholesaler to the end-buyer. Like I mentioned before, this method is the least desirable and should be avoided if possible, due to the added costs of an extra closing, as well as the management of all of the moving parts associated with the second closing.We are going to define some of the basic real estate statistics that get thrown around on a regular basis.