Double Close Funding in Indianapolis, IN | Swift Deal Funding
Double Close Funding in Indianapolis, IN
Double close funding lets an Indianapolis wholesaler buy from the seller (A→B) and resell to the end buyer (B→C) the same day, through one title company, with no personal capital tied up between closings. Swift Deal Funding is a direct lender — we fund the A-to-B leg and get repaid from the end buyer’s proceeds when B-to-C closes. No credit pull, no income docs, no tax returns, all 50 states.
Indianapolis is defined by institutional demand. Large rental operators and out-of-state landlords buy single-family homes in volume here, attracted by affordability and strong rents — citywide median is near $245K, with plenty of inventory below it in neighborhoods like the Far Eastside, Haughville, and Brookside. Those institutional buyers scrutinize assignment fees, which is exactly why a same-day double close keeps your spread off their radar.
How a Double Close Closes in Indianapolis
Indiana is a title/escrow, wet-funding state with no attorney mandate — closings run through title companies. A licensed Marion County title company handles both legs:
- Your contracts and end-buyer proof of funds clear underwriting (2–4 business hours).
- We issue wire instructions to title the business day before closing.
- Funds land by 9 AM Eastern. A→B records, B→C records right after, our funds repaid from end-buyer proceeds — same business day.
Confirm your Indianapolis closer will sequence and disburse both legs same-day, and coordinate the institutional buyer’s wire timing.
Pricing
Tiered flat fee on the funded amount, collected at close — nothing upfront:
| Funded Amount | Fee Rate |
|---|---|
| Up to $1,000,000 | 1.25% |
| $1M – $10M | 1.0% |
| $10M+ | Custom |
A $180K A-to-B leg costs $2,250. You pay only if the deal funds and closes.
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 letter
- Same-day closing scheduled for both legs
- A single Marion County title company or closing attorney handling both
Local note: institutional buyers often want clean title and a tidy paper trail — a double close gives them a single B-to-C deed of record while your acquisition price stays on a separate statement.
A Typical Indianapolis Double Close Scenario
A wholesaler contracts a rentable single on the Far Eastside at $165,000 and assigns to an institutional rental operator at $198,000. The buyer’s acquisition desk would flag a $33,000 assignment fee on a single contract, so the wholesaler double closes: we fund the $165K A-to-B at 9 AM, B-to-C closes the same day at $198,000, and we’re repaid from the buyer’s wired proceeds. Fee at 1.25% is $2,062. The institutional buyer records a clean B-to-C deed; the spread stays on a separate statement.
Apply
Submit your two contracts and end-buyer verification online — under ten minutes. Same-day before 11 AM Eastern; otherwise ~48 hours to wire-ready.
Frequently Asked Questions
Why do Indianapolis wholesalers selling to institutional buyers use a double close? +
Indianapolis is one of the heaviest institutional and out-of-state landlord markets in the country — large rental operators buy single-family homes in volume. Those buyers run sophisticated acquisition desks that scrutinize assignment fees, so showing both your buy and sell prices on a single assignment invites pushback. A double close runs the A-to-B and B-to-C through one Marion County title company the same day, keeping your spread on separate statements rather than visible to an institutional buyer's analyst.
Can a Marion County title company handle both legs of an Indianapolis double close? +
Yes — Indiana closings are handled by title companies, and Indiana is a title/escrow, wet-funding state with no attorney mandate. An established Marion County title company can sequence the A-to-B and B-to-C on the same day. Given the volume of institutional purchases in Indianapolis, local closers do simultaneous wholesale closings regularly. Confirm with your specific title office that they'll fund the A-to-B leg from end-buyer proceeds the same morning.
How fast can you fund an Indianapolis double close? +
About 48 hours from a complete file to wire-ready, or same-day when your application is in before 11 AM Eastern with the A-B contract, B-C assignment, end-buyer proof of funds, and a title commitment. We wire to your Marion County closing agent by 9 AM Eastern on closing day. Institutional buyers often fund through their own banking relationships, so coordinate their wire timing with title in advance.
Apply for Double Close Funding in Indianapolis, IN
Submit your application online — same-day decisions for complete files before 2 PM Eastern.