Echo Funding in Dayton, OH | Swift Deal Funding
Echo Funding in Dayton, OH
Echo funding supplies the cash for your end buyer’s down payment at closing and is repaid directly from the seller-side proceeds — your assignment fee. In Dayton, where a median near $140,000 keeps prices low but financed investors still need closing cash, that’s a frequent fit. The city’s affordable rental inventory in East Dayton, Old North Dayton, and Belmont draws buy-and-hold buyers chasing cash flow from Wright-Patterson’s renter base, and many are qualified but light on down payment. Instead of fronting an entire purchase, you fund only the down payment, and your assignment fee carries the repayment. Flat 2.5% fee, no upfront cost.
How Echo funding closes in Dayton
Ohio is a wet-funding, title-company state — money is in escrow before disbursement and a title and escrow company conducts the closing, no attorney required. We wire the down-payment funds ahead of the closing date. At the table the title company closes the deal, disburses the seller’s proceeds, and repays our funded amount plus the 2.5% fee from your assignment fee on the settlement statement. Standard turnaround is about 48 hours from a complete file; same-day is possible for files in before 11 AM Eastern. The gate is simple: your assignment fee must exceed the funded down payment plus our fee, and the title company must be ready to disburse our repayment.
Pricing
Flat 2.5% of the funded amount. No application, origination, or upfront fees — collected through the settlement statement at close.
What you’ll need
- Executed purchase contract
- Executed assignment contract showing your fee
- An assignment fee large enough to cover the funded down payment plus the 2.5% fee
- A Montgomery County title company ready to disburse with our Echo repayment included
No credit check, income verification, or tax returns. Local note: because Dayton closings run through the title company, confirm the office will disburse our Echo repayment from your assignment fee exactly as structured before the deal goes to the table.
A typical Dayton Echo scenario
You assign a $118,000 East Dayton rental to a financed buy-and-hold investor — one targeting tenants near Wright-Patterson — for a $15,000 assignment fee. The buyer is approved but short the $11,000 down payment. Echo funds the $11,000 ahead of closing. At the table the Montgomery County title company closes the deal and, from your $15,000 fee, repays us $11,000 plus a $275 fee (2.5%). You net about $3,725, the buyer brings far less cash, and none of your capital is tied up.
Apply
Upload your purchase contract and assignment showing the fee — we verify the fee covers the funded amount before approval.
Frequently Asked Questions
How does Echo repayment work at a Dayton title company? +
Ohio closes at title and escrow companies, not attorneys, so your Montgomery County title office handles disbursement. Echo funds your end buyer's down payment ahead of closing, and the title company repays us from the seller-side proceeds — your assignment fee — on the settlement statement. The one hard rule is that your assignment fee must cover the funded down payment plus our flat 2.5%. Confirm the title office will disburse our Echo repayment from the assignment fee exactly as structured before the deal goes to the table.
Are Echo deals common with Dayton's rental investors? +
Yes. Dayton's strong cash-flow demand — much of it tied to Wright-Patterson Air Force Base renters — draws buy-and-hold investors who finance their purchases rather than pay all cash, and financed buyers often need help with the down payment. Echo covers exactly that, repaid from your assignment fee at a flat 2.5%, so a qualified Belmont or East Dayton buyer can close without bringing full down-payment cash. Your fee just has to cover the funded amount plus our fee. We never pull credit, income, or tax records.
When does Echo beat a double close in Dayton? +
Echo fits when your end buyer is qualified but short on closing cash and you're carrying a solid assignment fee — common when financed investors buy Dayton rentals. Echo covers only the down payment and is repaid from your fee at a flat 2.5%, keeping the close to one transaction rather than two. If the buyer is all cash, or there's no real assignment fee, a double close usually fits better for protecting a wide percentage spread. Ohio requires no wholesaler license, so either route is open.
Apply for Echo Funding in Dayton, OH
Submit your application online — same-day decisions for complete files before 2 PM Eastern.