Stack Funding in Flint, MI | Swift Deal Funding
Stack Funding (Morby Method) in Flint, MI
Stack funding provides the cash a deal needs at the closing table when a seller carry-back note covers the buyer’s down payment — but title still requires real money in escrow to close. We wire that cash; the recorded seller-carry second-position note repays us plus a flat 2.5% fee, often the same day through the title company.
Flint is a low-price distressed market (median ~$80K), and creative finance shows up in a specific way here: tired landlords exiting a portfolio and owners of inherited, free-and-clear houses on the East Side or in Carriage Town are sometimes happier carrying a note than taking a small cash check. When that carry-back covers the down payment but title still needs cash in escrow, Stack fills the gap on subject-to and owner-finance deals. The local wrinkle is title — tax-foreclosure history can mean a six-month redemption context, so allow lead time. Typical Flint Stack amounts run $10,000–$60,000, with capacity up to $10M.
How a Stack deal closes in Flint
Michigan is a wet-funding state that closes through title and escrow companies, not attorneys, and those offices handle recording. For Stack, the title company records the seller carry-back note in second position immediately after closing; the recorded note then repays our funds plus the 2.5% fee — typically same-day. We wire by 9 AM Eastern; standard turnaround is ~48 hours from a complete file. Confirm with your Flint title company that they’ll record the second note as structured, and clear any tax-foreclosure redemption question before recording.
Pricing
Flat 2.5% of funded amount, no upfront fees, collected on the closing statement:
| Funded Amount | Fee | Example |
|---|---|---|
| $50,000 | 2.5% flat | $1,250 |
| $100,000 | 2.5% flat | $2,500 |
| $500,000 | 2.5% flat | $12,500 |
| Up to $10,000,000 | 2.5% flat | $250,000 |
What you’ll need
- Executed purchase contract with seller-financing terms
- A seller carry-back large enough to cover the required down payment plus closing costs
- A Flint title company ready to record the second-position note immediately after closing
- Written confirmation from that title company that the note will be recorded as agreed
No credit check, no income verification, no tax returns.
A typical Flint Stack scenario
A landlord exiting Flint agrees to owner-finance a free-and-clear East Side rental at $55,000 and carries back a note covering your $9,000 down payment and costs. Title still needs that cash in escrow to close. Stack wires the ~$9,000 to the Flint title company; once title is confirmed clear of any redemption claim, the closing executes, the office records the seller’s carry-back in second position, and that note repays our funds plus the 2.5% fee ($225) — typically same-day. You acquire the cash-flowing rental without bringing the down payment out of pocket.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate with your Flint title company on the carry-back recording.
Frequently Asked Questions
Will a Flint title company record the seller carry-back note for my Stack deal? +
Yes — Michigan closes through title and escrow companies, so the title office handles the closing and recording. For Stack, that Flint title company records the seller's carry-back note in second position right after closing, and the recorded note repays our funds plus the flat 2.5% fee — typically same-day. We need the title company's written confirmation they'll record the second note as structured before we fund. Michigan requires no wholesaler license.
Does Stack work on Flint's low-price houses? +
It can, when seller financing is part of the deal. Some Flint sellers — landlords exiting a tired portfolio, or owners of inherited free-and-clear houses — would rather carry a note than take a small cash check. When that carry-back covers the buyer's down payment but title still needs cash in escrow, Stack supplies it. The dollars are modest, but the structure works the same. Echo, by contrast, funds a down payment repaid from your assignment fee with no carry-back.
Do tax-foreclosure issues affect a Flint Stack closing? +
They can affect title timing. Much of Flint's distressed inventory has tax-foreclosure history, and a property inside a six-month redemption window must be cleared before recording. The funding mechanics don't change — we wire the cash needed at the table and the title office records the second note — but allow time for redemption and title items to clear. Confirm the recording and timeline with your Flint title company.
Apply for Stack Funding in Flint, MI
Submit your application online — same-day decisions for complete files before 2 PM Eastern.