When should you Double Close? · Landman Community

When should you Double Close?

You just got off the phone with a seller, the deal's great. Now you're weighing four ways to structure the exit. Pick wrong and you either leave money on the table or create a compliance headache you didn't need.

Double closing isn't your default move. It's a tool for a specific situation.

Protect your spread.

In a straight assignment, the seller can see your fee on the closing statement. This was something I learned early on. A seller saw the assignment fee, hesitated and by the time it fell apart they were outside the closing period. That deal cost $65,000 in profit. A double close keeps the resale price private, because you're not assigning a contract, you're buying the property and selling it again.

Get around assignment restrictions.

Some states are cracking down on wholesaling contracts and treating assignment fees as a licensing issue. Taking title, even for a few hours, keeps you compliant.

Only when your buyer is real.

Double closing needs transactional funding, short-term capital that covers your point A to B purchase and gets repaid hours later from the point B to C sale. That funding runs 2-4% of the deal. If your buyer isn't close to locked in, you're paying for capital you don't need yet. List it first. Double close once the buyer is confirmed.

Skip it if your spread is under $20K, your buyer's lender gets nervous about simultaneous closings, or your title company has never handled one. Any of those, go with a straight assignment or a day-apart close instead.

Double closing solves a privacy problem and a compliance problem. It doesn't solve "I can't find a buyer" or "my margin is too thin." Know which problem you actually have before you pick the tool.

We're spending July inside Deal Engine on the full exit matrix, when to cash flip, owner finance, subdivide, or double close, so every parcel has a decided exit before you close. If you've been closing first and figuring out the exit after, it's time to fix that.

See the Deal Engine Program Here

Want to see if Deal Engine is the fit for you or find out ways to work with me?

Book a call here: Strategy Call Booking

Do you Double Close in your business? Why or why not? Let me know down below,

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When should you Double Close?