Stack Funding in Fort Lauderdale, FL | Swift Deal Funding
Stack (Morby Method) funding in Fort Lauderdale, FL
Stack funding provides the cash needed at the closing table when a seller carry-back note covers the buyer’s down payment but the title company still requires real funds in escrow to close. The recorded second-position seller-carry note repays our funds plus a flat 2.5% — often same-day through title.
Fort Lauderdale’s high-equity waterfront and condo owners — many of whom have ridden years of South Florida appreciation — are often open to carrying paper rather than taking a full cash-out, which makes creative-finance and subject-to structures common here. Stack deals in this market commonly fund $40,000 to $120,000, with capacity to $10 million per transaction.
How a Stack deal closes in Fort Lauderdale, FL
- Deal structured. The seller agrees to a carry-back note covering the down payment plus closing costs.
- Cash at the table. Under Florida wet-funding, we wire the needed cash to the Fort Lauderdale title company on closing day.
- Closing executes. Title disburses to the seller and records the seller-carry note in second position.
- Note repays. The recorded second note pays back our funds plus 2.5% — typically same-day through title.
Confirm with your Fort Lauderdale title agent that the second-position note will record as agreed, and clear any condo estoppel, assessment or waterfront flood-insurance items in advance.
What you’ll need
- Executed purchase contract with seller-financing terms
- Seller carry-back amount large enough to cover the required down payment plus closing costs
- A Fort Lauderdale title company prepared to record the seller-carry second note immediately after closing
- Written confirmation from title that the note will be recorded as agreed
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 |
A typical Fort Lauderdale Stack scenario
An investor buys a canal-front 3/2 near Coral Ridge for $580,000 with the seller carrying a $90,000 second to cover the down payment, but the senior lender needs that down payment as verified funds at closing. Stack wires the $90,000 to the title company on closing day. Title disburses to the seller, records our second-position note, and the note repays $92,250 ($90,000 + 2.5%) — typically same-day. The buyer closes with little of their own cash in the deal.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate directly with your Fort Lauderdale title company on the carry-back recording.
Frequently Asked Questions
Does Stack work for seller-carry deals on Fort Lauderdale waterfront homes? +
Yes. When a seller carries back financing that covers the buyer's down payment but title still needs real funds in escrow to close, Stack provides the cash at the table. A recorded second-position note repays us plus a flat 2.5%, typically same-day through title. On waterfront homes, flood insurance and seawall diligence can affect the closing date — common after the 2023 flooding — but not the Stack mechanics.
Can I use Stack on a Fort Lauderdale condo with a seller carry? +
You can, but the condo layer matters. The seller's carry-back and our recorded second note still close at a Florida title company under wet-funding rules, but post-Surfside estoppels, milestone-inspection status and special assessments need clearing so title can record cleanly. Confirm with your title agent that the second-position note can record immediately after closing on that specific building.
How is Stack different from Echo in Fort Lauderdale? +
Both put cash on the table. Echo is repaid from seller proceeds — your assignment fee — at closing. Stack is repaid by a recorded seller-carry second note after closing. In Fort Lauderdale, choose Echo for clean assignment deals with a strong fee, and Stack when the seller is financing the deal and a carry-back covers what would otherwise be the buyer's down payment.
Apply for Stack Funding in Fort Lauderdale, FL
Submit your application online — same-day decisions for complete files before 2 PM Eastern.