Question 1

Is wholesaling legal in Florida?

Accepted Answer

Generally yes, if structured correctly. The key is ensuring the wholesaler has an equitable interest in the contract and discloses properly. We advise on structure to stay compliant.

Question 2

Can you handle a same-day double closing?

Accepted Answer

Yes. Same-day A-B-C closings with transactional funding are a core part of our investor practice.

Question 3

What if the end buyer falls through on a double closing?

Accepted Answer

We advise on contract language and deposit structures that protect you from end-buyer failure, and on contract rights when it happens despite best planning.

Question 4

What is the difference between assignment and double closing — and when should I use each?

Accepted Answer

Assignment: you transfer your contract rights to a new buyer for an assignment fee (cheaper, faster, but the original seller may see your fee). Double closing: you actually close on the property, then immediately resell to your end buyer (more privacy on your spread, but two sets of closing costs). We help you pick the right structure for the deal — and draft the contract accordingly.

Question 5

Will the seller see my assignment fee on the HUD/CD?

Accepted Answer

On an assignment, yes — the assignment fee typically appears on the HUD/Closing Disclosure unless paid outside of closing. To keep the spread private, many wholesalers prefer a double closing structure with separate settlement statements. We structure each transaction to balance transparency requirements with your business model.

Question 6

Do I need a real estate license to wholesale in Florida?

Accepted Answer

Florida law generally permits wholesaling when the wholesaler has an equitable interest in the contract (i.e., is the actual contract buyer with the right to assign), and discloses the assignment to the end buyer. Repeated marketing of properties you do not have a contract on can cross into unlicensed brokerage. We advise on disclosure language and structure to keep you on the right side of the line.

Question 7

Can transactional funding cover both closings on the same day?

Accepted Answer

Yes — that is exactly its purpose. Transactional funding lenders provide the cash for the A-to-B closing, the B-to-C closing happens within hours (sometimes minutes), and the funder is repaid from the C-buyer's funds. We coordinate the wire choreography and execute the closings in the correct sequence with correctly segregated escrow accounts.

Question 8

What happens if the C-buyer's lender rejects the chain?

Accepted Answer

Some institutional lenders refuse to fund a 'flip' closing within 90 days of the prior purchase. We confirm the C-buyer's lender's seasoning policy before structuring the deal. When a flip cannot work, we restructure as an assignment, longer hold, or alternative end-buyer with a more permissive lender.

Real Estate Investors & Wholesalers

About real estate investors & wholesalers

What we handle

Assignment contracts

Double closings

Transactional funding

Investor disclosure compliance

Questions we hear

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Investor Services

Private & Hard Money Lenders

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