In this lesson from the 2019 NoteBuyer’s Academy, I’ll show you all about the secret to making money flipping notes: The Simultaneous Closing. Once you have completed your due diligence, you’re ready to proceed to closing. Although you may want to close the transaction yourself, this is one time when you should use a third-party. Having a third party close your deal limits your liability and saves you time. The added protection of having another party responsible for the closing more than justifies the closing fee that a title company or attorney may charge.
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