Double Close Funding in Tacoma, WA | Swift Deal Funding
Double Close Funding in Tacoma, WA
Tacoma is the affordable counterweight to Seattle, and that price gap is what makes it a busy wholesale market. A double close lets you protect your 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 Tacoma escrow office.
With a median around $480,000 — well below Seattle’s $870,000 — Tacoma pulls priced-out buyers down I-5 and keeps demand strong on value-add homes in Hilltop, South Tacoma, and the Eastside. The Port of Tacoma and nearby Joint Base Lewis-McChord anchor steady local employment and rental demand. Most Tacoma double closes fund under $1,000,000 and sit in our 1.25% tier. Funded amounts here commonly run $300,000 to $600,000, though 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 Tacoma
Washington is a dry-funding escrow state, and that sequencing defines a same-day double close. Funds disburse only after recording with the Pierce County Auditor — nobody gets paid at the signing table:
- You line up one investor-friendly Tacoma escrow company to run both the A-to-B and B-to-C legs.
- We wire our A-to-B funds into that escrow office before closing, so cash is positioned ahead of signing.
- The A-to-B leg signs and the deed records with Pierce County; the seller is paid once disbursement clears.
- The B-to-C leg records minutes later; your end buyer funds, you take your spread, and we’re repaid from those proceeds.
Because Washington pays out after recording rather than at signing, Pierce County’s recording cutoff determines whether both legs clear the same business day. Confirm same-day recording and disbursement with your escrow company 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% | $480K deal = $6,000 |
| $1M – $10M | 1.0% | $1.5M deal = $15,000 |
| $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
- 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 Tacoma-area escrow company handling both transactions
No credit check, no income docs, no tax returns. A local note: with Washington disbursing after recording, build the schedule around your escrow company’s Pierce County recording cutoff so both legs clear the same day.
A typical Tacoma double close scenario
A wholesaler ties up a craftsman in South Tacoma at $385,000 and has a Seattle-overflow end buyer at $445,000. Rather than assign and show the $60,000 spread, the wholesaler books a double close at a Tacoma escrow office that runs investor deals. We wire $385,000 into escrow ahead of closing. The A-to-B leg records with Pierce County, then the B-to-C records minutes later with the end buyer’s $445,000. We’re repaid $385,000 plus the 1.25% fee ($4,812) from proceeds. The wholesaler nets roughly $55,188 and the seller never sees the markup.
Apply
Upload both contracts and your end buyer’s proof of funds through our online form. Standard turnaround is about 48 hours to wire-ready; same-day funding is available for complete files submitted before 11 AM Eastern.
Frequently Asked Questions
How does Washington's dry-funding rule affect a Tacoma double close? +
Washington is a dry-funding escrow state, so the escrow company disburses only after the deed records with Pierce County — money doesn't move at signing. For a same-day A-to-B-to-C close, that recording step is the timing pivot. We wire the A-to-B funds into one Tacoma escrow office before closing; the A-to-B deed records, the B-to-C records minutes later, and disbursement including our repayment follows. Confirm Pierce County's recording cutoff with your escrow company so both legs clear the same business day rather than rolling overnight.
Does Tacoma's price gap with Seattle change my double close numbers? +
It usually does. With a Tacoma median near $480,000 versus Seattle's $870,000, most Tacoma double closes fund under $1,000,000 and land in our 1.25% pricing tier rather than the 1.0% tier. The lower entry price is exactly why Seattle-overflow buyers chase Tacoma inventory in Hilltop, South Tacoma, and the Eastside — spreads are tighter than the city, but volume and competition are healthy. We fund the A-to-B at any deal size; the tier just follows your funded amount.
Why double close instead of assign on a Tacoma wholesale deal? +
To keep your spread off the seller's settlement statement. Tacoma draws Seattle-overflow investors, so margins on value-add homes can be meaningful, and an assignment shows your fee on the closing docs. A double close runs the A-to-B and B-to-C as separate transactions through one Tacoma escrow office — the seller never sees your number. We wire the A-to-B funds, you resell minutes later, and we're repaid from B-to-C proceeds after Pierce County records. Confirm equitable-interest disclosure language with a Washington attorney.
Apply for Double Close Funding in Tacoma, WA
Submit your application online — same-day decisions for complete files before 2 PM Eastern.