Double Close Funding in Toledo, OH | Swift Deal Funding
Double Close Funding in Toledo, OH
Toledo is one of the lowest-priced major markets in the country, and that affordability — paired with a large stock of vacant inventory — has made it a magnet for investors. 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 at one Toledo title company.
With a median sale price near $130,000 and plenty of deeply discounted homes, Toledo produces some of the widest percentage spreads in wholesaling. Vacant and distressed inventory runs through South Toledo, parts of the historic Old West End, and Point Place, while investor demand — much of it out-of-state, chasing cash flow — keeps the buyer pool deep year-round. A double close lets you protect a large margin on a deeply discounted deal without exposing the markup on the seller’s settlement statement. Funded amounts here commonly run $45,000 to $180,000, 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 Toledo
Ohio closes through title and escrow companies, not attorneys, and it is a wet-funding state — money must be in escrow before the title company disburses. That sequencing is built for a same-day double close:
- You line up one investor-friendly Lucas County title company to run both the A-to-B and B-to-C legs.
- We wire our funds to that office by 9 AM the morning of closing, so cash is in escrow before anyone signs.
- 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 funds, you take your spread, and we are repaid from those proceeds before the file disburses.
Toledo’s heavy investor volume means many title offices handle this routinely. Still, confirm same-day disbursement and second-leg sequencing with your title 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% | $70K deal = $875 |
| $1M – $10M | 1.0% | $2.5M deal = $25,000 |
| $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 Lucas County title company handling both transactions
No credit check, no income docs, no tax returns. A local note: Toledo’s vacant, deeply discounted inventory produces some of the widest percentage spreads in the business — a double close keeps that markup off the seller’s settlement statement.
A typical Toledo double close scenario
A wholesaler ties up a vacant house in South Toledo at $46,000 and has an out-of-state cash-flow investor at $88,000. Assigning would put the $42,000 spread — a 91% markup — squarely on the closing docs, so the wholesaler double closes at a Lucas County title company. We wire $46,000 by 9 AM. The A-to-B leg funds, the seller is paid, and minutes later the B-to-C closes with the investor’s $88,000. We are repaid $46,000 plus the 1.25% fee ($575) from proceeds. The wholesaler nets roughly $41,425 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
Which Toledo title companies handle same-day double closes? +
Many Lucas County title and escrow offices run back-to-back A-to-B and B-to-C closings, because Toledo's heavy investor traffic makes double closing common. Ohio is a wet-funding, title-company state, so our money is in escrow before anyone signs. Use one title company for both legs — splitting them across two offices breaks the same-day sequencing we rely on. When you apply, give us your title contact and we coordinate the 9 AM wire and second-leg disbursement. Confirm same-day funding on both legs with your title company first.
Do Toledo's low prices and vacant inventory make a double close worth it? +
Yes — the percentage spreads are some of the widest anywhere. With a median near $130,000 and a lot of vacant, sub-$80,000 stock in South Toledo and pockets of the Old West End, a property bought at $45,000 and resold at $85,000 is a small dollar gap but an enormous margin. You don't want that markup on the seller's settlement statement. A double close runs the two legs as separate transactions at one title company, keeping it private. Confirm disclosure language with an Ohio real estate attorney.
Do I need a license to double close in Toledo? +
No. Ohio requires no wholesaler license to assign or to double close, so Toledo investors operate freely. A double close is still valuable for keeping a wide spread off the seller's docs and for cleanly transferring title on vacant or distressed Point Place and South Toledo properties — you take title, then resell as the owner. We're a direct lender funding the A-to-B leg, repaid from the B-to-C proceeds, with no credit, income, or tax review. Confirm the closing structure with your Toledo title company before scheduling.
Apply for Double Close Funding in Toledo, OH
Submit your application online — same-day decisions for complete files before 2 PM Eastern.