Stack Funding in Florida | Swift Deal Funding
Stack (Morby Method) Funding in Florida
Stack funding provides the cash needed at the closing table when a seller carry-back note covers the buyer’s down payment but title still requires real funds in escrow to close. We put up that cash; a recorded second-position note then repays our funds plus a flat 2.5%, often the same day through title. It’s the financing layer that makes Morby Method and subject-to deals close. Stack advances in Florida typically run $30,000 to $100,000, with capacity up to $10,000,000 per transaction.
Florida has one of the deepest creative-finance communities in the country — the Morby Method itself was popularized largely on Florida deal flow. Miami, Tampa, Orlando and Jacksonville produce a steady supply of subject-to and seller-finance opportunities, and as prices cool from their peak, more sellers are open to carrying paper. With a statewide median around $404,000–$420,000, down payments are large enough that the carry-back-plus-Stack combination frequently beats assembling all-cash.
How Stack Funding closes in Florida
Florida is a wet-funding state and a title-company closing state, both ideal for Stack. Wet funding means the title company disburses at signing and records the seller-carry second note right after closing, so our funds are repaid promptly — typically the same day — once the note records. No recording delay like a dry-funding state would impose.
A single Florida title company handles disbursement and the second-note recording, and the investor-focused shops in Miami, Tampa and Orlando do these routinely. Creative-finance acquisitions are permitted statewide as long as you disclose your interest; there’s no wholesaler-licensing statute. Confirm the recording order and that title will record the second note as agreed, ideally with a Florida real estate attorney reviewing the subject-to structure.
Pricing
Flat 2.5% of the funded amount. No upfront fees — collected through the closing statement:
| Funded Amount | Fee |
|---|---|
| $50,000 | $1,250 |
| $100,000 | $2,500 |
| $500,000 | $12,500 |
| Up to $10,000,000 | $250,000 |
What you’ll need
- Executed purchase contract with seller-financing terms
- Seller carry-back at least equal to the required down payment plus closing costs
- Title company prepared to record the seller-carry second-position note immediately after closing
- Written confirmation from title that the note will record as agreed
Florida note: the investor-friendly title companies in Miami, Tampa and Orlando record subject-to second notes as routine work.
A typical Florida Stack scenario
A Tampa investor buys a $400,000 home subject-to the existing loan, with the seller carrying a $70,000 note that covers the down payment and costs — but title needs $70,000 in escrow to close. We wire $70,000 to an investor-friendly Tampa title company; the deal closes, and title records the seller-carry note in second position right after. That recorded note repays our $70,000 plus the flat 2.5% — $1,750 — the same day, and the investor closes a near-zero-cash acquisition.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate directly with your title company on the second-note recording.
Frequently Asked Questions
How does the recorded 2nd note work at a Florida title company? +
Florida is a wet-funding, title-company closing state. The title company disburses at the table and records the seller-carry second-position note right after closing. We provide the cash needed at the table; once the second note records, it repays our funds plus the flat 2.5% — often the same day through title. There's no recording delay like a dry-funding state imposes, and Florida's investor-focused title companies handle these recordings routinely.
When does Stack fit a Florida creative-finance deal? +
Stack works when a seller carry-back covers the buyer's down payment but title still needs real cash in escrow to close — common across Florida's huge creative-finance scene in Miami, Tampa, Orlando and Jacksonville. With a statewide median around $404,000 to $420,000, down payments are sizable, so the carry-back-plus-Stack structure lets investors close subject-to and seller-finance deals without bringing the full down payment in cash.
How fast can you fund a Stack deal in Florida? +
About 48 hours from a complete file. We need your purchase contract with seller-financing terms, confirmation the carry-back covers the down payment plus costs, and title's written confirmation it will record the second note as agreed. Because Florida title companies record and disburse promptly, the note typically repays our funds the same business day as a morning closing in Tampa or Orlando.
Apply for Stack Funding in Florida
Submit your application online — same-day decisions for complete files before 2 PM Eastern.