Double Close Funding in Columbus, OH | Swift Deal Funding
Double Close Funding in Columbus, OH
Double close funding lets a Columbus wholesaler buy from the seller (A→B) and resell to the end buyer (B→C) the same day, through one title company, with no personal capital tied up between closings. Swift Deal Funding is a direct lender — we fund the A-to-B leg and get repaid from the end buyer’s proceeds when B-to-C closes. No credit pull, no income docs, no tax returns, all 50 states.
Columbus is the growth engine of Ohio. The Intel semiconductor build-out, a major university, and steady in-migration have pushed the citywide median near $280K and kept it climbing. Prices rise, sellers move fast, and deals are larger than elsewhere in the state — making same-day double closes in Linden, Hilltop, Franklinton, and the South Side both lucrative and worth keeping confidential.
How a Double Close Closes in Columbus
Ohio is a title/escrow, wet-funding state with no attorney mandate, so a licensed Franklin County title company runs both legs:
- Your contracts and end-buyer proof of funds clear underwriting (2–4 business hours).
- We issue wire instructions to title the business day before closing.
- Funds land by 9 AM Eastern. A→B records, B→C records right after, our funds repaid from end-buyer proceeds — same business day.
Confirm your Columbus closer will sequence and disburse both legs same-day.
Pricing
Tiered flat fee on the funded amount, collected at close — nothing upfront:
| Funded Amount | Fee Rate |
|---|---|
| Up to $1,000,000 | 1.25% |
| $1M – $10M | 1.0% |
| $10M+ | Custom |
A $260K A-to-B leg costs $3,250. You pay only if the deal funds and closes.
What You’ll Need
- Executed A-to-B purchase contract
- Executed B-to-C assignment or purchase contract
- Verified end buyer with proof of funds or financing letter
- Same-day closing scheduled for both legs
- A single Franklin County title company or closing attorney handling both
Local note: in older Columbus pockets like Linden and the Hilltop, distressed and vacant files can carry liens from Ohio’s judicial-foreclosure process — leave title time to clear the chain.
A Typical Columbus Double Close Scenario
A wholesaler contracts a dated single in Franklinton — a neighborhood gentrifying fast on the back of downtown growth — at $215,000 and assigns to a flipper at $258,000. With appreciation pressure pushing the end buyer to close quickly, they double close the same day: we fund the $215K A-to-B at 9 AM, B-to-C closes that afternoon at $258,000, and we’re repaid from buyer proceeds. Fee at 1.25% is $2,687. The $43,000 spread stays on a separate statement.
Apply
Submit your two contracts and end-buyer verification online — under ten minutes. Same-day before 11 AM Eastern; otherwise ~48 hours to wire-ready.
Frequently Asked Questions
Does Columbus's fast appreciation affect double close timing? +
It raises the stakes on speed. Columbus is Ohio's fastest-growing market, with the Intel build-out and steady in-migration pushing prices up — sellers and end buyers both move quickly. A double close lets you lock the A-to-B and B-to-C the same day through one Franklin County title company, so you're not exposed to a rising market between closings. We wire by 9 AM Eastern on closing day; same-day funding is available for files in before 11 AM Eastern.
Can one Franklin County title company run both legs of a Columbus double close? +
Yes, and we require it. Ohio is a title/escrow, wet-funding state with no attorney mandate, so an established Columbus title company can sequence the A-to-B and B-to-C closings on the same day. With Columbus's higher transaction volume, most local closers in the metro do simultaneous wholesale closings regularly. Confirm with your specific title office that they'll fund the A-to-B leg from end-buyer proceeds the same morning.
Are Columbus's higher prices a fit for double close funding? +
Absolutely. With a citywide median near $280K and rising, Columbus deals are larger than elsewhere in Ohio, and the spreads are worth protecting on separate statements. We fund up to $100,000,000+ at the tiered rate — 1.25% up to $1M, 1.0% from $1M to $10M. A $260K A-to-B leg, common in Franklinton or the South Side, costs $3,250 at the 1.25% tier, collected only when the deal closes.
Apply for Double Close Funding in Columbus, OH
Submit your application online — same-day decisions for complete files before 2 PM Eastern.