Stack Funding in Memphis, TN | Swift Deal Funding
Stack Funding in Memphis, TN
Stack — built around the Morby Method — provides the cash you need at the closing table when a seller carry-back note covers your down payment but the title company still requires real funds in escrow to close. We wire that cash; a recorded second-position note then repays our capital plus a flat 2.5%, often the same day through title. In Memphis, where investor-friendly inventory runs roughly $160K–$210K and there’s a deep pool of long-time landlords ready to exit, seller-finance and subject-to structures are common. Stack lets you close those creative deals without parking your own cash to satisfy escrow.
How a Stack deal closes in Memphis
Tennessee is a wet-funding title/escrow state with no attorney-closing mandate, so a licensed Memphis title company runs the closing and records the carry-back note. Many Memphis title offices are attorney-owned, which is a plus for the lien work but doesn’t change the mechanics. We wire the cash to the table on closing day; title disburses to the seller, records the seller-carry note in second position, and our funds plus the 2.5% are repaid from that recorded note — typically same-day. Confirm the recording process, fees, and timing with your title office locally.
Pricing
Flat 2.5% of the funded amount, collected on the closing statement. No upfront fees.
| Funded Amount | Fee |
|---|---|
| $50,000 | $1,250 |
| $100,000 | $2,500 |
| $500,000 | $12,500 |
What you’ll need
- Executed purchase contract with seller-financing terms
- Seller carry-back ≥ down payment + closing costs
- A Memphis title company ready to record the second-position note
- Written confirmation from title that the note will be recorded as agreed
No credit, income, or tax docs.
A typical Memphis Stack scenario
A retiring landlord in Orange Mound sells you a duplex for $165,000 and agrees to carry a $40,000 second-position note covering your down payment and costs. Title still needs that $40,000 in escrow to close. We wire it at the table; the attorney-owned title company disburses, records the seller’s carry-back note in second position, and our $40,000 plus the 2.5% fee ($1,000) is repaid from the recorded note — same day. You take the property with little of your own cash in the deal.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate the carry-back recording directly with your title office.
Frequently Asked Questions
When does Stack funding make sense on a Memphis deal? +
Stack fits Memphis seller-finance and subject-to deals where a motivated seller agrees to carry back a note covering your down payment, but the title company still needs real cash in escrow to close. We provide that cash at the table; the recorded second-position note repays us plus a flat 2.5%. It's common on tired-landlord exits in Frayser or Orange Mound, where owners with equity prefer carrying paper over a full cash-out — and you keep more of your own capital free for the next acquisition.
How is Stack different from Echo in Memphis? +
Both front cash at the closing table, but repayment differs. Echo is repaid immediately from seller proceeds — your assignment fee — so it suits Memphis turnkey assignments. Stack is repaid by a seller carry-back note recorded in second position after closing, so it suits creative-finance and subject-to deals where seller financing is the structure. If there's a carry-back covering your down payment, you want Stack; if there's a big assignment fee, you want Echo.
Will a Memphis title company record the second-position note for a Stack deal? +
Yes — Tennessee is a title/escrow state, and a licensed Memphis title company (often attorney-owned) records the seller carry-back note in second position as part of the closing. We need written confirmation from title that they'll record the note as agreed before we fund. Recording a second lien is routine, but timing and recording fees vary, so confirm the office's process and the recording schedule with title locally before closing day.
Apply for Stack Funding in Memphis, TN
Submit your application online — same-day decisions for complete files before 2 PM Eastern.