Double Close
Two back-to-back transactions — buying from the seller, then selling to the end-buyer — that keep the wholesaler's spread private.
In a double close, the wholesaler actually buys the property from the seller (the A-to-B transaction) and then immediately sells it to the end-buyer (the B-to-C transaction), often the same day. Unlike a contract assignment, ownership briefly passes through the wholesaler, which keeps the seller and buyer from seeing each other's price.
The trade-off is cost and complexity: two sets of closing costs, sometimes transactional funding to cover the first purchase, and a title company comfortable handling both legs. Investors choose it over an assignment when the spread is large enough that hiding the number protects the deal.
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