Hello everyone! :roll:
I am real need of some detailed advice. I finished reading a book on flipping and although the book was good, I am still somewhat confused. I live in Houston and wish to know what really works in this area. I also have some questions:
- Which is better: Double closing or assigning a contract? What if the buyer is financing and not paying all cash (private or hard lender)? I read that double closing may be a problem, but is it in Texas?
- Do I have to pay for a title search and insurance?
- If I assign a contract, am I no longer responsible for closing? What if the buyer backs out? Will the contract haunt me back? Does it go the same for double closings?
- Do I need to ask for a deed?
PLEASE HELP ME!! If someone has the time to talk to me on the phone I would greatky appreciate it!! You can email your phone number to firstname.lastname@example.org and we can set up a time that would be mutually beneficial. Otherwise, I want to thank those in advance who respond to me with their expertise.