DoubleClose.homes
Why Double Close Transactional Funding?
Double closing is a process where a wholesaler first purchases a property from a seller and then immediately sells it to an end buyer in two separate transactions. This method ensures that the wholesaler's profit margin remains private, a key advantage compared to assignment contracts. Unlike assignment deals where the end buyer sees the wholesaler's profit upfront, double closing keeps this figure hidden, which can prevent price renegotiations or potential deal losses.
However, completing two back-to-back transactions without using personal funds or revealing the profit can be challenging. This is where double close transactional funding comes in. This specialized funding covers the brief period between the first transaction (purchase from the seller) and the second (sale to the end buyer). Wholesalers who don’t have the capital to fund both sides of the transaction can rely on transactional funding to facilitate the double close smoothly.
Why Would a Wholesaler Need DoubleClose.homes?
State Regulations on Wholesaling Assignments
Many states are progressively regulating or even restricting assignment of contracts in wholesaling. Some states have introduced new laws requiring wholesalers to have a real estate license to assign contracts legally, while others have placed a cap on assignment fees. These regulations are complicating the traditional wholesaling process. Double closing offers a legal workaround to continue operating as a wholesaler in regulated markets.Maintaining Privacy of Profit
One of the major downsides to assigning a contract is that the end buyer can see the wholesaler’s profit margin. This visibility can create tension and cause the buyer to negotiate the final sale price or, in some cases, back out of the deal. Double closing ensures that the profit margin is only known to the wholesaler, preventing these complications.Quick Access to Transactional Funding
Time is often a critical factor in real estate transactions. With DoubleClose.homes, wholesalers can access quick and reliable transactional funding to complete both sides of the double close without using personal funds. This means there’s no need to tie up your own capital, reducing the financial burden and allowing for more flexibility in deal-making.
DoubleClose.homes: A Solution for Wholesalers
At DoubleClose.homes, we understand the unique challenges wholesalers face in a progressively regulated market. Our double close transactional funding is designed to provide fast, short-term capital so that wholesalers can complete both legs of the transaction seamlessly.
Here’s how DoubleClose.homes can solve your problems:
Funding in All 50 States: Whether you’re operating in a state with strict regulations on wholesaling or not, DoubleClose.homes provides transactional funding nationwide, allowing you to continue wholesaling legally without requiring an assignment.
Fast and Hassle-Free Process: We know that real estate deals move quickly. Our funding process is designed to be streamlined, ensuring that you can close on your deals without delays.
No Need for a License: In many states, assignment contracts require wholesalers to obtain a real estate license. By using a double close funded by DoubleClose.homes, you can continue wholesaling without worrying about licensing requirements.
Confidential Profits: Keep your profit margins private by using a double close, ensuring that buyers don’t attempt to renegotiate or back out of deals.
As more states move toward regulating wholesaling, using DoubleClose.homes for double close transactional funding is the ideal solution to navigate these changes. Our goal is to empower wholesalers with the financial tools they need to thrive in an evolving market, helping you close deals without risking your capital or profit.
Let DoubleClose.homes handle the funding, so you can focus on growing your real estate business, no matter where you operate.
