Im trying to under stand the end game part of wholesaling
who pays the closing costs?
what if i double close a deal?
Im trying to under stand the end game part of wholesaling
who pays the closing costs?
what if i double close a deal?
Everything is negotiable, you want your seller to pay the selling side and buyer to pay the buying side unless the seller is broke then I would make the buyer pay all closing costs or make sure it is calculated in the price.
If wholesaling, then you should look into assigning the contract rather than doing double closing.
I thought the only difference between assigning and double is that its just a different process? Why is it better to assign?
Double closing means you buy the house then sell it. You get the deed then sell it. When wholesaling, you are selling the contract itself and you are never on title.