Double Close Funding in Delaware | Swift Deal Funding

Double Close Funding in Delaware

Double close funding lets a Delaware wholesaler buy from the seller (A-to-B) and resell to an end buyer (B-to-C) the same day using our capital, so you never tie up your own cash. Both legs settle through a single attorney, and our funds are repaid from the end buyer’s proceeds that day.

Delaware is a small but stable market, and that’s exactly why disciplined wholesalers like it — less competition for off-market deals than in the big Sun Belt hubs. Most activity sits in New Castle County around Wilmington and Newark, with steady flow in Dover and the growing Sussex County beach communities. With a statewide median roughly in the $361,000–$475,000 range, double closes here typically fund $60,000 to $200,000. We hold capacity beyond $100,000,000 per transaction when a larger commercial or portfolio B-C buyer is involved.

How Double Close Funding closes in Delaware

Delaware is a wet-funding state and an attorney-closing state. Wet funding means our money disburses at signing rather than after recording, so both legs of a double close can finish the same day. Settlement must be conducted by a licensed Delaware attorney — there’s no independent title-company table closing here.

For a double close, that attorney requirement is a feature: one Delaware attorney running both the A-B and B-C legs keeps the simultaneous closing clean in a market where the same handful of firms handle most investor deals. Budget for the attorney’s settlement fee, commonly around $1,400. Wholesaling is permitted statewide if you disclose your equitable interest; Delaware has no wholesaler-licensing statute. Confirm the simultaneous structure and recording order with your Delaware closing attorney before scheduling.

Pricing

Tiered flat fee on the funded amount, collected only at closing:

Funded Amount	Fee
Up to $1,000,000	1.25%
$1M – $10M	1.0%
$10M+	Custom

No upfront or application fees. You pay only if the deal funds and closes.

What you’ll need

• Fully executed A-to-B purchase contract
• Fully executed B-to-C assignment or purchase contract
• Verified end buyer with proof of funds or financing pre-approval
• Same-day closing scheduled for both legs
• A single Delaware closing attorney handling both transactions

No credit, income, or tax-return checks. Delaware note: choose an attorney who regularly handles investor and simultaneous closings — the New Castle County firms in Wilmington and Newark see these often.

A typical Delaware double close scenario

A Wilmington wholesaler has a rowhome under contract at $135,000 (A-to-B) with an assigned landlord buyer at $158,000 (B-to-C). One Delaware settlement attorney runs both legs the same afternoon. We wire $135,000 to the attorney’s escrow account by 9 AM Eastern; the A-B leg signs, the B-C leg follows, and the $158,000 in buyer proceeds repays our funding. At the up-to-$1M tier the fee is 1.25% of $135,000 — $1,687 — plus the roughly $1,400 attorney settlement fee, leaving a clean spread on a deal the wholesaler never had to bankroll.

Apply

Submit both contracts and your end-buyer verification online. Standard turnaround is ~48 hours; same-day wires are possible for complete files received before 11 AM Eastern.

Apply for Double Close · See full process