Assignment VS. Double Close? Which Option Should You Use (Tools)

Greetings, family! As #DealHunters, wholesalers, and flippers, our main objective is finding a deal. After you've identified a potential deal, the next step is getting on title - check out Episode 60 for details on how to get on title - but once you've got the property under contract, depending on if you're the wholesaler or end buyer, the method you choose to close can vary. Enter the Assignment vs. Double Close debate. In general, an assignment is the more straightforward of the two options, and as such, it's most commonly used in investment deals. But occasionally, circumstances will call for a more structured closing, and in those instances, a double close might be the better choice. As investors, it's our job to understand both concepts and use them in our deals when they're appropriate. Well, we can't give you all the information in the episode description, so stay tuned for a more detailed description of how assignment and double closes work!

Mentioned in today's episode:
Propstream

Here's a link to the article Donny discussed in today's episode:
Denver Suddenly Has One Of The Most Competitive Housing Markets In America

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