I get asked about simultaneous closings in sandwich lease options a lot. They are a critical component for real estate investors to getting cashed out of your rent to own deal, so it's important to understand simultaneous closings. The concept itself is really quite basic. You will close on the buy side and the sell side of your lease option investment the same day at the same title company. Al this really takes is some coordinating. The seller is pretty much ready to go whenever you are, after all it's not like they need to move out or anything.
The coordinating really comes on the buyer's side depending on when the buyer's lender is ready to close. Work with the buyer's mortgage broker so you know when to set this up. I go into a lot more detail on simultaneous closings in my book, Investing in Real Estate with Lease Options and Subject To Deals.
Take a look at this video where I explain about how simultaneous closings work
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