Quick Flip Question - Posted by R.J.

Posted by Tim (Atlanta) on March 08, 1999 at 12:51:25:

You set up what is called a double closing. This is where you close with the seller, then immediately close with your buyer. This way the title passes directly through you. Remember, if the amount you are profiting is less than 5,000, then most people will simply assign the contract and get out of the transaction alltogether.

Quick Flip Question - Posted by R.J.

Posted by R.J. on March 05, 1999 at 12:33:16:

I’ve been following Jackie L.'s ‘Quick Flip Primer’ lessons and have a question – How does the process work when it comes to closing? (When I close with the seller as well as with my buyer.)
Thanks!