Hi guys! I was hoping we could start a thread here for states that you know are double close friendly. You can even mention states that you know that it is not allowed as well.
I don’t think it’s a state issue, is it? I think it’s more about finding an investor-friendly title company that is sophisticated and nimble enough to do them for you. @retipsterseth has a list of them throughout the country.
I actually bookmarked that list! My partner was wondering if there were states that were just well known as double close friendly so that way we can start to target new states. I just found out the hard way that double closes are illegal in NC for example.
Hello,
This might be useful as reference: https://retipster.com/wholesaling-real-estate-legal-illegal-states/
Please keep in mind that this list is for reference purposes only and that the information is evolving. As usual, please perform your due diligence.
Hope this helps!