Investor tool
Double Close vs Assignment
A double close buys the property and resells it — often the same day. It costs more than assigning a contract, but it keeps your spread private and, structured correctly, it's how repeat deals get done where assignment rules are tight (like Virginia). Compare the real cost.
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When the double close earns its cost
Assignment costs almost nothing but shows everyone your fee and, in some states, counts against assignment-activity rules. The double close costs real money — funding, two closings, transfer tax — but you're buying and selling as a principal. Rule of thumb: if the structure cost is under ~20% of your spread, the double close is cheap insurance on a big fee. Confirm the structure for your state with a real estate attorney; transfer taxes vary by county and this tool uses your inputs, not legal advice.