simultaneous closing

Does anyone know about simultaneous closing? Is this a better way to get started as an investor?

Comments(1)

  • hrash16th May, 2003

    I assume you are getting into Wholesale business to get your feet wet. If that is the case, then yes, you can do simult. closing. However, the first deal I ever made was through assignment of contract.
    The difference is that with the assignment of contract, you do not have to be physically present at the closing. But with simult. closing, you do. For the investors just getting started, the assignment of contract might be less nerve-wrecking.

    I hope this answered your question ...

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