Double Close Funding in San Diego, CA | Swift Deal Funding
Double Close Funding in San Diego, CA
San Diego is a deep, high-priced wholesale market, and a double close is how you protect a strong 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 through one San Diego escrow company.
With a median sale price around $950,000, San Diego generates solid dollar spreads on value-add deals — older single-family homes in City Heights and Encanto, multifamily in Logan Heights, and entry-level inventory across the southeastern neighborhoods. The region’s enormous Navy and Marine Corps footprint drives steady buyer demand and constant PCS-related turnover, and a wave of Prop 19 inherited-property sales keeps motivated sellers in the pipeline. Funded amounts here commonly run $400,000 to $1,000,000+, and 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 San Diego
California is a dry-funding, escrow state. An independent escrow company holds the money, and it disburses only after the San Diego County Recorder confirms the deed has recorded — nothing releases at signing. A same-day double close is engineered around that record-first rule:
- You line up one investor-friendly San Diego escrow company to run both the A-to-B and B-to-C legs.
- We send our funds into that escrow ahead of the closing date, so the cash sits in trust before any recording.
- The A-to-B leg signs and the deed records with San Diego County; the seller is paid once that recording posts.
- Moments later the B-to-C leg records; your end buyer funds, you keep your spread, and we’re repaid from those proceeds once that recording confirms.
Because disbursement waits on recording, not signing, your escrow company’s recording cutoff governs whether both legs close in one business day. SoCal typically uses independent escrow companies for this. Confirm same-day double-recording with your San Diego escrow 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% | $950K deal = $11,875 |
| $1M – $10M | 1.0% | $1.2M deal = $12,000 |
| $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 (typically the CAR Residential Purchase Agreement)
- 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 San Diego-area escrow company handling both transactions
No credit check, no income docs, no tax returns; California has no wholesaler-licensing statute, so disclose your assignment or equitable interest. A local note: with many end buyers using VA financing, a cash or pre-approved buyer keeps the same-day recording clean.
A typical San Diego double close scenario
A wholesaler ties up a probate-sale single-family home in Encanto at $640,000 — a Prop 19 inherited property the heirs want sold quickly — and has a fix-and-flip end buyer at $740,000. Rather than assign and show the $100,000 spread, the wholesaler books a double close at an independent San Diego escrow company that runs investor deals daily. We wire $640,000 into escrow before closing. The A-to-B deed records with San Diego County, the seller is paid, and minutes later the B-to-C records with the end buyer’s $740,000. We’re repaid $640,000 plus the 1.25% fee ($8,000) from proceeds. The wholesaler nets roughly $92,000, and the heirs never see the markup.
Apply
Send both contracts and your end buyer’s proof of funds through our online form. We’re typically wire-ready in about 48 hours, and complete files in before 11 AM Eastern can fund same-day, with the wire leaving at 9 AM.
Frequently Asked Questions
How does California's escrow recording sequence affect a double close in San Diego? +
California is a dry-funding, escrow state, so an independent San Diego escrow company disburses only after the San Diego County Recorder confirms the deed has recorded — not at signing. For a same-day A-to-B-to-C double close, both legs run through one escrow with our funds already in trust. The A-to-B deed records first, then the B-to-C records, and our funded amount is repaid from the B-to-C proceeds after recording. Sequencing both recordings the same business day is essential. Confirm the recording cutoff with your escrow company.
Does military buyer turnover affect double close timing in San Diego? +
It can help and hurt. San Diego's Navy and Marine presence creates steady buyer demand and frequent PCS-driven turnover, which fills your end-buyer pool — but a buyer using a VA loan closes on the lender's timeline, not yours. A double close needs the B-to-C leg ready to record the same day, so a cash or fully pre-approved end buyer keeps it clean. We underwrite on your two contracts and verified proof of funds, not the buyer's branch of service. Confirm same-day recording with your escrow company.
Why double close instead of assigning a San Diego wholesale deal? +
To keep your spread off the seller's settlement statement. San Diego's median near $950,000 produces strong margins on value-add property in City Heights, Logan Heights, and Encanto, and many deals brush the $1M double-close tier where the fee drops to 1.0%. 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 escrow company. We wire the A-to-B funds, you resell, and we're repaid from B-to-C proceeds after recording. Confirm disclosure language with a California attorney.
Apply for Double Close Funding in San Diego, CA
Submit your application online — same-day decisions for complete files before 2 PM Eastern.