Fund Your Wholesale Deal
Double Close Funding made for Investors by Investors
Customer Testimonials
"I wanted to express my gratitude for your exceptional work in handling my recent transaction. Your efforts were outstanding, and I truly value your team's assistance. Just wanted to give you a heads up that I will likely require your services again very soon " - Larry Marq Wilson LLC
"Quick and on Time funding! No hassle at all!" - Charles Key Home Buyers LLC
Funding Double Closes
Need funding for a deal under contract? We can help!
Our double close funding solutions provide wholesalers with the funds to close on a property.
Fast funding - in as little as 1 day.
Simple funding - no credit checks or appraisals needed.
Reliable funding - have 100% confidence that your funds will be there when you need to close.
Flexible funding - no loan minimums or maximums.
Knowledgeable - as real estate investors ourselves, we can help you navigate a double closing by providing advice and recommending attorneys and title companies.
Give us a call to see how we can help (919) 351-9343
What is a Double Close?
A double close is a common tool used in real estate transactions involving three parties.
Essentially, the wholesaler purchases a property from the original seller and then immediately resells it to the end buyer during the same closing session.
The end buyer's purchase pays for the wholesaler's acquisition, allowing the wholesaler to keep the purchase price confidential. This approach helps prevent the end buyer from being unwilling to pay a higher price if they know the wholesaler's profit margin.
If you're looking to use a double close in your real estate deal, our team can provide guidance and assistance throughout the process.
Why you use a Double Close?
A double close can be used for a variety of reasons in real estate transactions.
Confidentiality: By using a double close, the wholesaler can keep the purchase price paid to the original seller confidential from the end buyer. This helps preserve profit margins and maintain relationships with both parties.
Higher profits: Keeping the purchase price confidential from the end buyer may enable the wholesaler to negotiate a higher sale price, resulting in increased profits.
Seller privacy: A double close can be used to protect the privacy of the original seller, particularly if they are selling the property due to financial distress or other sensitive reasons.
Title issues: In some cases, title issues or other legal complications may make it difficult to transfer the property directly from the original seller to the end buyer. A double close can help resolve these issues while still allowing the wholesaler to profit from the transaction.
Speed: Using a double close can facilitate a quick sale and avoid potential delays or complications that may arise from a traditional sale.
Legal compliance: In some states, such as North Carolina, collecting assignment fees without a real estate license is prohibited by law. Using a double close can help protect the wholesaler and seller while ensuring legal compliance.
REI Double Close offers double close funding that works for you. Reach out today to get the process started. You will never be asked for money on the phone and you only pay us if you close on the deal. Reach out Today!!
(919) 351-9343
Do you need Proof of Funds?
Why do you need them?
Proof of Funds proves to your seller that you have the ability to close on the deal. This can help them feel more comfortable with your offer and allow you to get more deals and make more money.
To get a Free Proof of Funds letter for your specific deal fill out the form in the below Link.