Double Close Funding in Kentucky | Swift Deal Funding
Double Close Funding in Kentucky
Double close funding lets a Kentucky wholesaler buy from the seller (A-to-B) and resell to the end buyer (B-to-C) the same day, through the same closing attorney, on our capital. You take real title on the A side without bringing your own cash — our wire funds it and is repaid from the end buyer’s proceeds minutes later, keeping your spread off the assignment line.
Kentucky is a growing, well-networked wholesale market. Louisville anchors the volume with deep rehab inventory, Lexington’s Bluegrass market is expanding fast, and secondary metros like Bowling Green feed steady flow. Median prices keep most double-close deals in the $100,000–$350,000 band here, with our capacity running to $100,000,000+ per transaction.
How a double close closes in Kentucky
Kentucky is an attorney-closing state: a licensed Kentucky attorney conducts the closing and renders the title opinion. For double closes this consolidates coordination — one attorney’s office can run both legs back to back rather than juggling a separate escrow company. We require a single closing attorney (or one office) handling A-to-B and B-to-C the same day.
Kentucky is also a wet-funding state, so funds must sit in the attorney’s escrow before the deed records. We wire by 9 AM Eastern and confirm receipt before the A leg fires. On wholesaling, Kentucky has no licensing statute; a double close avoids assignment-disclosure questions because you actually take title. Confirm simultaneous-closing logistics and any disclosure points with your Kentucky closing attorney.
Pricing
Tiered flat fee on the funded (A-to-B) amount, collected only at a successful close:
| Funded Amount | Fee |
|---|---|
| Up to $1,000,000 | 1.25% |
| $1M – $10M | 1.0% |
| $10M+ | Custom |
A $220,000 Louisville double close costs $2,750. No upfront or application fees.
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 pre-approval
- A single Kentucky closing attorney running both legs, same day
- Same-day closing scheduled on both sides
No credit pull, no income docs, no tax returns. Local note: confirm your closing attorney will issue a clean title opinion on a same-day double close before you set the date.
A typical Kentucky double close scenario
You contract a dated brick ranch in Louisville’s Okolona area at $140,000 and resell to a flipper at $172,000. Rather than assign and expose the $32,000 spread, you double close at one Louisville attorney’s office. We wire $140,000 to the attorney’s escrow by 9 AM, the A-to-B records, the B-to-C records right after, and our principal plus a $1,750 fee is repaid from the buyer’s proceeds the same day.
Apply
Send both contracts and end-buyer verification through the online form. Complete files before 11 AM Eastern can fund same-day; standard turnaround is about 48 hours to wire-ready.
Frequently Asked Questions
Does Kentucky require an attorney to close a double close? +
Kentucky is an attorney-closing state — a licensed Kentucky attorney conducts the closing and renders the title opinion rather than a title-only escrow officer. For a double close that's an advantage: one closing attorney can run both the A-to-B purchase and the B-to-C resale on the same day. We require a single attorney (or one closing office) handling both legs so our funds cycle cleanly from the seller table to the buyer table. Choose a Louisville or Lexington attorney who has run simultaneous closings before.
How fast does a Kentucky double close fund given the wet-funding rule? +
Kentucky is a wet-funding state, so funds must be in the closing attorney's escrow before the deed records — no closing on a promised wire. We wire to the attorney by 9 AM Eastern on closing day and confirm receipt before either leg executes. With a complete file in before 11 AM Eastern the prior day, a Kentucky double close routinely funds same-day. Build a real wire window into the schedule; Kentucky attorneys won't disburse dry.
Is wholesaling and double closing legal in Kentucky? +
Kentucky has not enacted the wholesaler-licensing statutes that Illinois, Oklahoma and Pennsylvania did. You take equitable interest under a purchase contract and can resell it, but you should disclose that interest and avoid marketing property you don't own. A double close sidesteps assignment-disclosure questions because you actually take title on the A side. We fund the transaction; confirm disclosure points with a Kentucky attorney — likely the same one already running your closing.
Apply for Double Close Funding in Kentucky
Submit your application online — same-day decisions for complete files before 2 PM Eastern.