The mistake most people make:
 You spot a hot off-market deal, lock it up, assign itâand boomâyour end buyer goes silent. Days later, you find out the deal is closed… but without you. Yes, the biggest mistake wholesalers make? Relying solely on assignments without protecting the purchase price and seller identity.
If youâre not using a double close real estate strategy, youâre giving away the keys to your entire deal.
The Hard Truth: Assignments Can Backfire Fast
In todayâs competitive market, wholesalers are learning the hard way that transparency is not always in their favor. When you assign a contract, you expose:
- Your negotiated purchase price
- The original sellerâs contact details
This often invites deal-jumping. Your buyer can now bypass you and close directly with the sellerâcutting you out entirely.
Take the case of a seasoned Houston wholesaler who trusted a repeat buyer. The buyer, intrigued by the low margin, skipped the assignment fee and reached the seller directly. The result? A stolen deal and a damaged relationship.
Double Closing: Your Shield Against Deal Theft
When you double close real estate, you complete two transactions back-to-back:
- You purchase the property from the seller.
- You immediately resell it to your end buyerâat your price.
Because both deals are separate, your buyer never sees your purchase contract, your profit, or your sellerâs information. That firewall is your security net.
According to a report by ATTOM Data Solutions, nearly 10 percent of real estate deals involving wholesaling experience some form of buyer-seller direct communication that can compromise the original wholesalerâs fee.
Double closing erases this risk by making sure your profit remains private and your seller canât be poached.
Why Double Closing Works in Your Favor
- Privacy = Power
Youâre in control. When you double close, you don’t have to justify your fee or share deal terms. That silence can save your deal. - Full Legal Separation
Both closings are individual transactions. This keeps your paperwork airtight and compliantâespecially when using transactional lending services.
Want to double close in Texas? Itâs fully legal and actively used by wholesalers looking to protect high-margin deals from being exposed.
Can First-Time Wholesalers Use Double Closing to Protect Deals? YesâHereâs How
Steps | What you need | Why it works |
1 | A signed purchase contract | Locks the seller relationship securely |
2 | An end buyer lined up | Ensures a fast second closing |
3 | EMD Transactional Funding | Gives you the cash for the first close |
4 | Title company that handles double closings | Ensures both transactions are smooth |
5 | Transparent communication with your lender | Keeps timelines aligned |
First-timers often think they need their own capital. Not true. Thatâs where EMD Transactional Funding comes in – catering to all the demands placed forth by real estate investors and wholesalers, making double closing fast, legal, and seamless.
Think Assignments Are Easier? Think Again
Hereâs what assignments reveal:
- Your fee
- Your hard-earned seller contact
- The true price of the deal
Why give away your entire business model on paper? If your end buyer decides your margin is âtoo much,â whatâs stopping them from calling the seller themselves?
In double close in Texas, youâre protected under state-compliant closing practices. Plus, you never have to worry about explaining your margins again. You just show up at the closing tableâwith a profit.
Protect Your Deal or Lose It
In real estate, especially in wholesaling, youâre either in controlâor out of the game. Using a double close real estate method keeps your profit secure, your seller details hidden, and your reputation intact.
So the real question isâŠ
Would you rather save a few hundred on feesâor risk losing your entire deal?
Still wondering if double closing is worth it for your next deal?
 Or are you waiting for a buyer to cut you outâbefore you finally take your strategy seriously?
Letâs talk. Whatâs stopping you from protecting your profit today?