Double Close Funding in Texas | Swift Deal Funding
Double Close Funding in Texas
Texas is the largest wholesale market in the country, and double closing is the cleanest way to keep your spread private on a deal you would otherwise assign. Swift Deal Funding is a direct lender: we wire the cash for your A-to-B purchase so you can buy from the seller and immediately resell to your end buyer, with both transactions closing the same day at the same Texas title company.
Funded amounts on Texas deals commonly land between $200,000 and $800,000 across the Houston, Dallas–Fort Worth, San Antonio, and Austin corridors, though we can fund up to $100,000,000+ on a single transaction. We never pull credit, verify income, or ask for tax returns — your two contracts and the end buyer’s proof of funds underwrite the deal.
How Double Close Funding closes in Texas
Texas closes through title companies, not attorneys, and it is a wet-funding state — money must be in escrow before disbursement. That sequencing is ideal for a same-day double close. Here is the order of operations:
- You line up one investor-friendly title company to handle both the A-to-B and B-to-C legs.
- We wire our funds to that title company by 9 AM the morning of closing, so cash is in escrow before signing.
- The A-to-B leg funds with our money; the seller is paid and the deed moves to you.
- The B-to-C leg closes minutes later; your end buyer’s funds come in, you are paid your spread, and we are repaid out of those proceeds before the file disburses.
Because Texas is non-attorney and high-volume, most title offices in the major metros run double closes routinely. Confirm same-day disbursement and second-leg sequencing with your title company before locking 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% | $400K deal = $5,000 |
| $1M – $10M | 1.0% | $3M deal = $30,000 |
| $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 Texas title company handling both transactions
No credit check, no income docs, no tax returns.
A typical Texas double close scenario
A Houston wholesaler ties up a deal at $260,000 and has a landlord end buyer at $300,000. Rather than assign and expose the $40,000 spread on the settlement statement, the wholesaler chooses a double close at a Spring-area title company that runs investor deals daily. We wire $260,000 by 9 AM. The A-to-B leg funds, the seller is paid, and minutes later the B-to-C leg closes with the end buyer’s $300,000. We are repaid $260,000 plus the 1.25% fee ($3,250) out of proceeds. The wholesaler walks with roughly $36,750 and the seller never sees the assignment 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
Can both closings happen at the same Texas title company on the same day? +
Yes, and that is exactly how we structure it. Texas is a title-company closing state, so your A-to-B and B-to-C closings run through a single title company that handles both legs the same day. We wire our funds to that title company by 9 AM Central-equivalent so the A-to-B leg can fund, then the B-to-C proceeds repay us before the file disburses. Use a title company already comfortable with same-day double closes — most investor-focused offices in Houston, Dallas, and San Antonio are.
Does Texas being a wet-funding state affect my double close? +
It actually works in your favor for timing. Texas is a wet-funding state, meaning funds must be in escrow before the title company disburses. Because we wire by 9 AM the morning of closing, the money is sitting at title before documents are signed, so there is no waiting on a recording gap. The single title company collects both contracts, funds the A-to-B side with our money, and repays us out of the B-to-C proceeds the same business day.
Do I need to disclose anything to the seller when wholesaling in Texas? +
Texas does not license or specifically regulate wholesale assignments the way Illinois or Oklahoma do, but you should disclose your equitable interest and your intent to assign or resell. A double close avoids putting your assignment fee on the seller's settlement statement because the two transactions are separate. We do not provide legal advice — confirm contract language and disclosure with a Texas real estate attorney or your title company before you lock up the deal.
Apply for Double Close Funding in Texas
Submit your application online — same-day decisions for complete files before 2 PM Eastern.