Double Close Funding in Albuquerque, NM | Swift Deal Funding
Double Close Funding in Albuquerque, NM
Double close funding in Albuquerque covers the wholesale A→B→C structure: you buy from the seller and resell to your end buyer the same day, through one New Mexico title company and a single file. We front the A-to-B capital, so you close the resale without putting up a dollar of your own. Albuquerque deals we fund typically run $150,000–$500,000, with capacity past $100,000,000 on a single transaction.
Albuquerque is a steady high-desert market with a deep stock of adobe and stucco homes. Inventory turns over in the International District and the South Valley, where older properties draw both flippers and rental buyers, and the median sits around $340,000. New Mexico’s dry-funding closing model is the detail that most shapes how a wholesaler times a same-day double close here.
How a double close closes in Albuquerque (dry-funding, record-first)
New Mexico is a dry-funding state, so disbursement happens only after the deed records — never at signing. That record-first timing drives the whole same-day model:
- We wire the A-to-B funds to your Albuquerque title company by 9 AM Eastern.
- Both legs sign in the morning.
- The A-to-B deed records with the Bernalillo County Clerk first; that leg disburses on confirmation.
- The B-to-C deed records next; once it clears, the end buyer’s proceeds repay our capital plus the fee.
The A-to-B-before-B-to-C recording order is what allows the chain to close the same day. Because everything is tied to county recording rather than signing, an early, complete file matters more here than in a wet state. Confirm the recording cutoff with your Albuquerque title company.
Pricing
Tiered flat fee on the funded amount, collected on the settlement statement, no upfront cost: up to $1M = 1.25%, $1M–$10M = 1.0%, $10M+ custom. A $250,000 A-to-B leg runs a $3,125 fee.
What you’ll need
- Executed A-to-B purchase contract
- Executed B-to-C assignment or purchase contract
- Verified end buyer with proof of funds or financing pre-approval
- Same-day closing scheduled on both legs
- A single New Mexico title company handling both transactions and Bernalillo County recording
No credit pull, income docs, or tax returns; no New Mexico wholesaler license required.
A typical Albuquerque double close scenario
You tie up a stucco ranch in the International District at $215,000 (A-to-B) and assign the position to a flipper at $245,000 (B-to-C) — a $30,000 spread you’d rather keep off the buyer’s statement. We wire $215,000 to your Albuquerque title company by 9 AM Eastern. Both legs sign that morning; the A-to-B deed records with Bernalillo County, then B-to-C records. Once disbursement clears recording, our $215,000 plus the $2,687.50 fee is repaid from end-buyer proceeds and you net about $27,312.50 — the same business day.
Apply
Upload both contracts and your end-buyer verification online. Standard turnaround is ~48 hours to wire-ready; same-day is possible for complete files in before 11 AM Eastern.
Frequently Asked Questions
How does New Mexico's dry-funding rule affect an Albuquerque double close? +
New Mexico is a dry-funding state, so title disburses only after the deed records — not at signing. For a same-day A-to-B-then-B-to-C double close in Albuquerque, the A-to-B deed records with the Bernalillo County Clerk first, then the B-to-C deed, with disbursement following each recording. We wire by 9 AM Eastern so both legs can sign in the morning and record in sequence. Confirm the daily recording cutoff with your title company so the chain clears the same business day.
Do I need a license to double close in Albuquerque? +
No. New Mexico does not require a wholesaler or real estate license to control and resell a contract you've put under agreement. You'll need a fully executed A-to-B purchase contract and a separate B-to-C contract with a verified end buyer. A New Mexico title company handles both legs and the Bernalillo County recording. We supply the A-to-B capital and coordinate the closing statement; the title company manages the deeds and the record-first sequence.
Can an Albuquerque double close fund and close the same day? +
Yes, with a complete file in before 11 AM Eastern. Our wire reaches the Albuquerque title company by 9 AM Eastern, both legs sign that morning, the A-to-B deed records with Bernalillo County, then B-to-C records, and our funds are repaid from end-buyer proceeds once disbursement clears recording. Because New Mexico ties disbursement to recording rather than the signing table, an early, clean file is what makes the same-day chain hold.
Apply for Double Close Funding in Albuquerque, NM
Submit your application online — same-day decisions for complete files before 2 PM Eastern.