Double Close Funding in Tulsa, OK | Swift Deal Funding
Double Close Funding in Tulsa, OK
Double close funding lets a Tulsa wholesaler run a real A→B→C transaction — buy from the seller and resell to the end buyer the same day, through one title company, without parking your own cash between the legs. Swift Deal Funding is a direct lender: we fund the A→B purchase, the B→C resale closes right behind it, and our money is repaid from the end-buyer’s proceeds at the table.
Tulsa’s housing stock gives wholesalers a steady supply. The art-deco-era homes of midtown and the older bungalows across north Tulsa sit on expansive red-clay soils that move with the seasons, so foundation and structural issues are common — and common reasons properties trade below market into a wholesaler’s pipeline. With a median around $200,000, the spreads are real, and a fast double close protects them.
How a Double Close Closes in Tulsa
Oklahoma is a wet-funding, title/escrow state, so both closings run through one Tulsa title company or closing attorney on the same day. We wire to escrow by 9 AM; the A→B records, the B→C records immediately behind it, and our funds repay from the end-buyer proceeds.
Worth flagging for Oklahoma wholesalers: the 2021 Predatory Real Estate Wholesaler Prevention Act requires you to hold a license or disclose your equitable interest before marketing a contract. A double close avoids the assign-and-market structure the Act targets, but your disclosure and marketing practices are still your responsibility — confirm with your Tulsa closing attorney.
Pricing
Tiered flat fee on the funded amount, collected on the closing statement:
| Funded amount | Fee |
|---|---|
| Up to $1,000,000 | 1.25% |
| $1,000,000 – $10,000,000 | 1.0% |
| $10,000,000+ | Custom |
Nothing upfront — you pay only if the deal funds and closes.
What You’ll Need
- Executed A→B purchase contract
- Executed B→C assignment or purchase contract
- Verified end buyer with proof of funds or financing approval
- Same-day closing scheduled for both legs
- A single Tulsa title company or closing attorney handling both sides
No credit pull, no income docs, no tax returns. Local note: keep your equitable-interest disclosure consistent with the Oklahoma wholesaler act and confirm same-day recording windows with your Tulsa closer.
A Typical Tulsa Double Close Scenario
You tie up a midtown art-deco bungalow with a settling foundation at $158,000 (A→B) and have a rehab buyer at $184,000 (B→C). One Tulsa title company runs both closings Friday morning. We wire $158,000 to escrow by 9 AM; the A→B records, the B→C records behind it, and the $184,000 end-buyer proceeds repay our funding plus the 1.25% fee ($1,975). Your net before closing costs is about $24,000 — with no capital exposed.
Apply
Send both contracts and end-buyer verification through the online application. About 48 hours to wire-ready, same-day for clean files before 11 AM Eastern.
Frequently Asked Questions
Why use a double close instead of an assignment in Tulsa? +
A double close lets you take title in the A-to-B leg before reselling, which keeps your spread private and avoids the assign-and-market structure that Oklahoma's 2021 Predatory Real Estate Wholesaler Prevention Act scrutinizes. The Act still requires you to hold a license or disclose your equitable interest before marketing a contract, so confirm your approach with a Tulsa closing attorney. We fund the A-to-B purchase either way; the licensing and disclosure piece is yours.
How does the title company handle red-clay foundation issues at closing? +
Tulsa's expansive red-clay soils cause a lot of foundation movement, which often surfaces in inspection and prices a property into a wholesaler's pipeline. The title company's job is the clean transfer of title, not the condition — so a foundation issue doesn't slow our funding. We wire to the single Tulsa title company by 9 AM on closing day, the A-to-B and B-to-C legs record in sequence, and our funds repay from the end-buyer proceeds.
How fast can you fund a Tulsa double close? +
About 48 hours from a complete file, and same-day when a clean package arrives before 11 AM Eastern. For a Tulsa wholesaler, that means an executed A-to-B contract, an executed B-to-C assignment, a verified end buyer with proof of funds, and one Tulsa title company or closing attorney handling both legs on the same date. Wires hit escrow by 9 AM on closing day.
Apply for Double Close Funding in Tulsa, OK
Submit your application online — same-day decisions for complete files before 2 PM Eastern.