A double closing (also known as a back-to-back closing) is when an investor buys a property and sells it to an end buyer on the same day or within a short time frame. 1st Option Title handles the complex escrow and title work these transactions require.
In a double closing, the investor (wholesaler or flipper) purchases the property from the seller and immediately resells it to the end buyer. Both closings typically happen within one to three business days, and sometimes on the same day. The investor's profit is the spread between the two purchase prices.
Double closings require precise coordination between two separate title searches, two sets of closing documents, and sometimes two different title insurance policies. Mistakes can delay or kill a deal. At 1st Option Title, we handle double closings regularly and understand the timing pressures investors face.
We run title on both transactions simultaneously. We coordinate with both sets of parties, manage the funds flow, and ensure both closings are properly documented. Whether you're using transactional funding, hard money, or your own capital, we close both sides cleanly.
Yes. Each closing is a separate real estate transaction, and each buyer (the investor and the end buyer) needs their own title insurance policy. We handle both simultaneously, which saves time and reduces the risk of coordination errors.
Technically yes, but not every title company has experience with the timing, coordination, and documentation requirements. 1st Option Title handles double closings regularly and knows how to keep both sides on track.
We typically complete both closings within one to three business days. In some cases, same-day closings are possible depending on the circumstances and funding.
Contact 1st Option Title to discuss your transaction.