Double Close Funding in Winston-Salem, NC | Swift Deal Funding
Double Close Funding in Winston-Salem, NC
Double close funding lets a Winston-Salem wholesaler buy from the seller (A→B) and resell to the end buyer (B→C) on the same day through one closing, without using your own capital on the A-B leg. We are a direct lender: we wire the purchase money, and we’re repaid from the end-buyer’s proceeds when B-C closes hours later.
Winston-Salem anchors the Piedmont Triad and remains one of North Carolina’s more affordable metros, with a median sale price around $270,000. Its tobacco-and-textile legacy left a deep stock of solid older homes that investors love — the bungalows of Ardmore, the historic blocks of the West End, and the value-add inventory of Waughtown and the East Side. Lower price points mean wholesalers run high deal volume, and a double close keeps each spread private. Typical Winston-Salem double closes we fund land in the $120,000–$500,000 range, with capacity up to $100M+ per transaction. We never check credit, income, or tax returns.
How Double Close Funding closes in Winston-Salem (NC attorney-must-close)
North Carolina is a wet-funding, attorney-closing state: a licensed NC attorney must supervise the closing and disburse funds, and money has to sit in the trust account before the deed records. For a double close, both the A-B and B-C legs should run through the same Winston-Salem-area closing attorney on the same day. We wire to that attorney’s trust account by 9 AM Eastern; A-B records first, B-C follows minutes later, and our funds are repaid from the end-buyer’s proceeds — all within the same business day. Confirm same-day disbursement and sequencing with your specific firm.
Pricing
Tiered flat fee, collected on the closing statement — no upfront or application cost:
| Funded Amount | Fee Rate | Example |
|---|---|---|
| Up to $1,000,000 | 1.25% | $270K deal = $3,375 |
| $1M – $10M | 1.0% | $2.5M deal = $25,000 |
| $10M+ | Custom | Contact for structure |
You pay only if the deal funds and closes.
What you’ll need
- Fully executed A-to-B purchase contract
- Fully executed B-to-C assignment or purchase contract
- Verified end buyer with proof of funds or a financing pre-approval letter
- Same-day closing scheduled for both legs
- A single licensed NC closing attorney handling both transactions (required in North Carolina)
We’re a direct lender: no credit check, no income verification, no tax returns. The deal documents underwrite the funding.
A typical Winston-Salem double close scenario
You tie up a 1920s mill-era bungalow in Ardmore at $185,000 and line up a fix-and-flip buyer at $235,000. Your end buyer is funded, but you don’t want to lock up your own working capital on the A-B leg. We wire the $185,000 into your NC attorney’s trust account by 9 AM. The A-B leg records that morning, the seller is paid, and B-C records right after at $235,000. Our $185,000 is repaid from the end-buyer’s wire, the 1.25% fee is $2,312, and you keep roughly $47,688 less closing costs — without your capital ever leaving the bank.
Apply
Submit both contracts and your end-buyer verification online. Standard turnaround is ~48 hours to wire-ready; same-day is possible for complete files in before 11 AM Eastern.
Frequently Asked Questions
Does my Winston-Salem double close go through a title company or an attorney? +
Through a licensed North Carolina attorney. NC requires an attorney to supervise residential closings, so both the A-B and B-C legs of your Winston-Salem double close run through one closing attorney's office rather than a standalone title company. For a double close that's convenient — one firm keeps both legs together on the same day. We wire to that attorney's trust account; confirm the firm's same-day disbursement policy locally before you set the closing date.
Can you fund a same-day double close in the affordable Piedmont Triad market? +
Yes. Winston-Salem's lower price points mean smaller funding amounts and quick closings, so we wire to the NC closing attorney's trust account by 9 AM Eastern on closing day. Standard turnaround is about 48 hours from a complete file; same-day is possible when your A-B contract, B-C assignment, end-buyer proof of funds, and the attorney's commitment are in before 11 AM Eastern. We never pull credit or ask for tax returns.
Is a double close worth it on a lower-priced Winston-Salem deal? +
Often, yes — because the 1.25% fee on a sub-$300K Piedmont Triad deal is modest, while keeping your spread off the seller's settlement statement protects your relationships. An assignment would show your fee on the closing docs; a double close runs the A-B and B-C as two separate transactions at one licensed NC attorney's office. On affordable Waughtown or Ardmore deals that markup stays private. Confirm disclosure language with your attorney.
Apply for Double Close Funding in Winston-Salem, NC
Submit your application online — same-day decisions for complete files before 2 PM Eastern.