Double Close Funding in Ohio | Swift Deal Funding
Double Close Funding in Ohio
Double close funding lets an Ohio wholesaler buy from the seller (A→B) and resell to an end buyer (B→C) the same day, with our capital funding the first leg until the buyer’s money repays it on the second. Swift Deal Funding is a direct lender — we fund the A-B purchase outright, so you keep your spread private rather than exposing it through an assignment. Ohio’s low-price, high-volume distressed markets mean most deals here fund in the $75,000–$300,000 range, with capacity to $100M+ for larger commercial transactions.
How a double close closes in Ohio
Ohio is a title/escrow-closing, wet-funding state — no closing attorney is required, and funds disburse at the table rather than after recording. Both the A-B and B-C legs run through a title company, and for a same-day back-to-back the same title office should handle both to keep the chain tight. We wire our funds to that title company’s escrow by 9 AM Eastern on closing day. The A-B closes, the B-C closes immediately after, and the end buyer’s proceeds repay our advance at the table while your spread releases to you. Ohio’s strength is volume: Cleveland, Dayton, Akron, and Youngstown carry deep distressed inventory at low prices, while Columbus and Cincinnati add steady investor demand. Most Ohio title companies run same-day double closes routinely, but it’s worth confirming yours does before you schedule.
Pricing
Tiered flat fee on the funded (A-B) amount, collected on the closing statement — nothing upfront:
| Funded Amount | Fee Rate | Example |
|---|---|---|
| Up to $1,000,000 | 1.25% | $150K deal = $1,875 |
| $1M – $10M | 1.0% | $2.5M deal = $25,000 |
| $10M+ | Custom | Contact us |
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 resale contract
- Verified end buyer with proof of funds or financing pre-approval
- Same-day closing scheduled on both legs
- A single Ohio title company handling both transactions
No credit pull, no income docs, no tax returns.
A typical Ohio double close scenario
A Cleveland wholesaler ties up a distressed bungalow on the city’s west side at $62,000 (A-B) and resells to a buy-and-hold investor at $89,000 (B-C). With a tight spread, she has no interest in showing her $27,000 margin on an assignment. We fund the $62,000 so the title company closes A-B in her name and then closes B-C immediately after; the buyer’s proceeds repay our advance plus the 1.25% fee ($775) at the table, and the rest is hers — same day, no assignment, through a single Ohio title office.
Apply
Apply online with both contracts and end-buyer verification, and we’ll wire to your Ohio title company’s escrow. Complete files submitted before 11 AM Eastern can fund and close the same day — useful when you’re moving fast on distressed inventory.
Frequently Asked Questions
How does a double close get closed in Ohio? +
Ohio is a title/escrow-closing state, so a double close runs through a title company rather than requiring a closing attorney. Both the A-B and B-C legs should be handled by the same title office to keep the A→B→C chain clean. We wire our funds to that title company's escrow before closing, the A-B closes, the B-C closes right after, and the end buyer's proceeds repay our advance — all the same day. Confirm with your title company that they handle same-day double closes, which is routine in Ohio's busy wholesale markets.
Why is Ohio such a strong market for double close funding? +
Ohio has deep distressed and value-add inventory at low entry prices, especially in Cleveland, Dayton, Akron, and Youngstown, plus high investor volume in Columbus and Cincinnati. That combination produces a steady flow of wholesale deals with real spreads. Lower price points mean most double closes here fall under the 1.25% tier, and our funding lets you close A-B in your own name without revealing your margin through an assignment.
How fast can you fund an Ohio double close? +
About 48 hours from a complete file, with same-day possible before 11 AM Eastern when the A-B contract, B-C assignment, end-buyer proof of funds, and title commitment are all in. Because Ohio funds wet through a title company, we wire to the title office's escrow by 9 AM Eastern on closing day so the funds are in place for the back-to-back signing in Cleveland, Columbus, or wherever the property sits.
Apply for Double Close Funding in Ohio
Submit your application online — same-day decisions for complete files before 2 PM Eastern.