Posted by Lee Cain on May 09, 2003 at 13:34:36:
You can avoid any need for financing by simply assigning your purchase and sale agreement to the rehabber for your profit before closing. Then, you don’t even need to be there.
Double Closing - Posted by Newbie
Posted by Newbie on May 08, 2003 at 16:20:14:
When you do a double close with a home owner and a rehabber when flipping a property, do you need to have any financing prepared or is it not necessary since you will only have the property long enough to turn around and sell it to the rehabber?