I recently found a property that I would like to buy from the bank. It is an REO property. My intention is to buy this property and do a double closing and sell it wholesale to another investor/cash buyer. My question is what kind of contract(what is the name of it) do I need to submit to the Bank with what conditions if any. And how do I then do the double closing, meaning, what do I have to say or do to whom to get the double closing. Thanks for reading. I hope you can help me. Thanks again.
Hello everyone,
I recently found a property that I would like to buy from the bank. It is an REO property. My intention is to buy this property and do a double closing and sell it wholesale to another investor/cash buyer. My question is what kind of contract(what is the name of it) do I need to submit to the Bank with what conditions if any. And how do I then do the double closing, meaning, what do I have to say or do to whom to get the double closing. Thanks for reading. I hope you can help me. Thanks again.
M.H