Double Close Funding in Jacksonville, FL | Swift Deal Funding
Double Close Funding in Jacksonville, FL
Double close funding lets a Jacksonville wholesaler buy from the seller (A-to-B) and resell to an end buyer (B-to-C) the same day on our capital, keeping your own cash free. Both legs run through one Jacksonville title company, and we’re repaid from the end buyer’s proceeds at the table.
Jacksonville is Florida’s largest city by land area and its most affordable major metro, with a median near $300,000. The market is shaped by a heavy military presence — NAS Jacksonville and a large veteran population — alongside steady out-of-state investor demand across neighborhoods like Springfield, the Westside and Arlington. Double closes here typically fund $150,000 to $400,000, and we hold capacity past $100,000,000 for larger multifamily and commercial B-C closings.
How Double Close closes in Jacksonville, FL
Florida is a wet-funding state and a title-company closing state — close to ideal for same-day double closes. Wet funding means our money disburses at the table once documents are signed, so the A-B and B-C legs run back-to-back the same morning. A licensed Jacksonville title agent runs both legs; an attorney is optional. We wire to title by 9 AM Eastern.
Jacksonville’s local wrinkle is the volume of VA-financed end buyers. A VA loan on the B-C leg can require the VA appraisal and any minimum-property-requirement repairs to be cleared before the lender funds, which affects timing rather than the funding mechanism. Wholesaling is permitted statewide with disclosure of your equitable interest — Florida has no wholesaler-licensing statute. Confirm simultaneous-closing mechanics and same-day disbursement with your Jacksonville title company and a Florida attorney.
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 Jacksonville title company handling both transactions
No credit, income, or tax-return checks. Jacksonville note: if the B-C buyer is using a VA loan, line up the appraisal and any required repairs early so the second leg can close on schedule.
A typical Jacksonville double close scenario
A wholesaler controls a 3/1 in Springfield at $185,000 (A-to-B) and assigns it to a local landlord at $218,000 (B-to-C). Both legs close the same morning at an investor-friendly Jacksonville title company. We wire $185,000 to title by 9 AM Eastern; the A-B leg signs, the B-C leg follows, and the buyer’s $218,000 repays our funding at the table. At the up-to-$1M tier the fee is 1.25% of $185,000 — $2,313 — leaving the wholesaler a healthy spread on an affordable deal with no transactional cash out of pocket.
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.
Frequently Asked Questions
Can you double close on a VA-financed buyer in Jacksonville? +
Yes. With NAS Jacksonville and a large military and veteran population, many B-C buyers here use VA loans. The double close itself funds the A-B leg on our capital and is repaid from the buyer's proceeds; a VA-financed B-C leg may need the VA appraisal and any minimum property requirement repairs cleared first, which can affect timing. We still wire the A-B leg to title by 9 AM Eastern — just schedule the B-C side around the buyer's loan timeline.
Do Jacksonville's lower price points work for double closing? +
Absolutely. Jacksonville is Florida's most affordable major metro, with a median near $300,000, so double closes here often fund $150,000 to $400,000 — smaller than Miami or Fort Lauderdale but with steady deal flow across Springfield, the Westside and Arlington. The 1.25% fee on the up-to-$1M tier keeps costs low on these deals, and capacity still runs past $100,000,000 for larger commercial B-C closings.
How fast can you fund a Jacksonville double close? +
About 48 hours from a complete file, and same-day for files in before 11 AM Eastern with both contracts, a verified end buyer, proof of funds and the title commitment. Florida's wet-funding rule means disbursement happens at the table, so a Jacksonville double close can close same-table the same day once both legs are signed.
Apply for Double Close Funding in Jacksonville, FL
Submit your application online — same-day decisions for complete files before 2 PM Eastern.