Simply put, there are two ways to do it.
1) Double / Simultaneous Close. You have found the property on behalf of the seller and buyer, to rotate. Your buyer comes to the near (or deposits his money in escrow) at 10:00 Clock. You will meet your vendors to use at 1:30 clock and to pay them money. If they go, your lawyer, you cut for the difference, net of fees checked. Your buyer receives the deed. They buyers never know what you did. Do not know your seller that you can only be resold.
In aDouble or concurrent completion of the closing agent will take returns on your tenant / buyer and the seller are paying off. No money needed to be directly from you, so credit will not be a problem.
Most experienced staff will be closed too happy to do a double closing, when they are picking up 2 sets of fees: one set between you and the seller, and one between you and your tenant / buyer. The best thing you can do is a closing agent (in my area, we choose to use Title / escrow accountCompanies) which provide space for the transaction. Speak you develop with them in advance and new relationships. Then use it again and again. A good closing agent is invaluable!
2) Assignment. You got the house on behalf of the seller and the buyer can find to turn. You call your investor partners and tell him you got a contract to shoot with him. Your contract allows you been to this deal awarded to someone else, so no sweat. He takes your place in the business, and concludes with a seller. He then pays your"Fee" (which have always agreed to two).
If you're a total beginner, I would recommend that you flip an agreement on an assignment rather than a close simultaneously. It's a little easier.
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