Double Close Funding in Houston, TX | Swift Deal Funding
Double Close Funding in Houston, TX
Houston is the busiest wholesale engine in the busiest wholesale state, and a double close is how you protect a large spread without exposing it on a settlement statement. Swift Deal Funding is a direct lender: we wire the cash for your A-to-B purchase so you buy from the seller and immediately resell to your end buyer, both legs closing the same day at one Houston title company.
The metro’s lack of zoning, relentless sprawl, and a median sale price around $345,000 create unusually wide margins on infill and value-add deals — from older bungalows in Independence Heights and the Heights to teardown lots in Acres Homes, brick ranches in Sharpstown, and revitalizing blocks in Third Ward and Spring Branch. The Energy Corridor and Texas Medical Center keep buyer demand steady year-round. Funded amounts here commonly run $200,000 to $800,000, though we can fund up to $100,000,000+ on a single transaction. We never pull credit, verify income, or ask for tax returns.
How Double Close Funding closes in Houston
Texas closes through title companies, not attorneys, and it is a wet-funding state — money must be in escrow before the title company disburses. That sequencing is built for a same-day double close:
- You line up one investor-friendly Houston title company to run both the A-to-B and B-to-C legs.
- We wire our funds to that office by 9 AM the morning of closing, so cash is in escrow before anyone signs.
- The A-to-B leg funds with our money; the seller is paid and the deed moves to you.
- The B-to-C leg closes minutes later; your end buyer funds, you take your spread, and we are repaid from those proceeds before the file disburses.
Houston’s high volume means most metro title offices handle this in their sleep. Still, confirm same-day disbursement and second-leg sequencing with your title company before you set the date.
Pricing
Tiered flat fee, collected on the settlement statement only when the deal closes:
| Funded Amount | Fee Rate | Example |
|---|---|---|
| Up to $1,000,000 | 1.25% | $345K deal = $4,312 |
| $1M – $10M | 1.0% | $2.5M deal = $25,000 |
| $10M+ | Custom | Contact us |
No upfront fees, no application cost. You pay only if the transaction funds and closes.
What you’ll need
- Fully executed A-to-B purchase contract
- Fully executed B-to-C contract or assignment to your end buyer
- Verified end buyer with proof of funds or a financing pre-approval
- Same-day closing scheduled on both legs
- A single Houston-area title company handling both transactions
No credit check, no income docs, no tax returns. A local note: with so much Houston inventory in floodplains, a pre-approved or cash end buyer keeps the same-day timeline clean.
A typical Houston double close scenario
A wholesaler ties up a 1950s ranch in Sharpstown at $235,000 and has a buy-and-hold end buyer at $290,000. Rather than assign and show the $55,000 spread, the wholesaler books a double close at a Westchase-area title company that runs investor deals daily. We wire $235,000 by 9 AM. The A-to-B leg funds, the seller is paid, and minutes later the B-to-C closes with the end buyer’s $290,000. We are repaid $235,000 plus the 1.25% fee ($2,937) from proceeds. The wholesaler nets roughly $52,063 and the seller never sees the markup.
Apply
Upload both contracts and your end buyer’s proof of funds through our online form. Standard turnaround is about 48 hours to wire-ready; same-day funding is available for complete files submitted before 11 AM Eastern.
Frequently Asked Questions
Which Houston title companies handle same-day double closes? +
Plenty of them. Houston's deal volume is so high that investor-focused title offices in the Energy Corridor, the Heights, and out toward Spring run back-to-back A-to-B and B-to-C closings routinely. Pick one office to handle both legs — using two separate title companies breaks the same-day sequencing we rely on. When you apply, give us the title company contact and we coordinate the 9 AM wire and second-leg disbursement directly. Confirm with your title company that they are comfortable funding both legs the same business day.
Does a property's flood history affect double close funding in Houston? +
Our funding does not, but your end buyer's lender or insurer might, and that is what you should pin down first. Post-Harvey, a lot of Houston inventory in places like Meyerland, Kingwood, and Greenspring sits in 100-year or 500-year floodplains, which can slow an end buyer's financing. We underwrite on your two contracts and the end buyer's proof of funds — not the flood zone — but a verified cash or pre-approved end buyer keeps the same-day close on schedule. Confirm flood disclosures with your title company.
Why double close instead of assign on a Houston wholesale deal? +
To keep your spread private. Houston's no-zoning sprawl produces big margins on infill lots in Independence Heights and Third Ward, and a double close keeps that markup off the seller's settlement statement. With an assignment, your fee shows on the closing docs; with a double close, the A-to-B and B-to-C are separate transactions at one title company. We wire the A-to-B funds, you resell minutes later, and we are repaid from B-to-C proceeds. Confirm disclosure language with a Texas attorney.
Apply for Double Close Funding in Houston, TX
Submit your application online — same-day decisions for complete files before 2 PM Eastern.