You said "The funding where you buy is funded by the closing where you sell", which means you came to closing with NO money. To do a double closing you need both cash buyers, you first buy with your cash, and then sell to a cash buyer. Otherwise there was a "Fraud" committed and it's ILLEGAL! What if at the last minute the second buyer backs out, and you don't have the Cash? Now what? Get ready for handcuffs. And you can't sell a house that is not yours! Delete this before you get in trouble.
You said "The funding where you buy is funded by the closing where you sell", which means you came to closing with NO money. To do a double closing you need both cash buyers, you first buy with your cash, and then sell to a cash buyer. Otherwise there was a "Fraud" committed and it's ILLEGAL! What if at the last minute the second buyer backs out, and you don't have the Cash? Now what? Get ready for handcuffs. And you can't sell a house that is not yours! Delete this before you get in trouble.
Mikez132 2 years ago