How to Double Close a Real Estate Deal

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HOW TO DOUBLE CLOSE A REAL ESTATE DEAL
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What Is Double Closing in Real Estate?
A double close is a real estate wholesaling
strategy that involves two transactions on the
same day. One transaction occurs between the
seller and the wholesaler, and the second is
between the wholesaler and the end buyer.
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The Different Parties Involved in the Transaction

• Home Seller (A)
• Wholesaler (B)
• End buyer (C)

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Open Escrow

• Prepare the purchase and sale agreement.
• Send the documents to the closing attorney.
• Let them know youre double closing.

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Find the End Buyer
Once the buyer is ready, make sure they wire
their funds to escrow.
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Transfer of Ownership From A to B

• The title company confirms the fund transfer.
• The title check is done.
• The seller transfers ownership to the wholesaler.

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Transfer of Ownership from B to C
The same process will be repeated between B and C
on the same day within a few hours.
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Funds Dispersed

• The seller (A) gets paid.
• The wholesaler (B) makes profits from the
  difference in amount.
• The end buyer (C) gets the property.

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