Double Close Funding in Durham, NC | Swift Deal Funding

Double Close Funding in Durham, NC

Double close funding lets a Durham wholesaler buy from the seller (A→B) and resell to the end buyer (B→C) on the same day through one closing, without floating your own capital on the A-B leg. We are a direct lender: we wire the purchase money, and we’re repaid from the end-buyer’s proceeds when B-C closes hours later.

Durham sits at the heart of the Research Triangle, and Duke University plus the relentless tech and biotech hiring at Research Triangle Park have pushed the median sale price toward roughly $400,000 with some of the fastest appreciation in the Southeast. The active wholesale flow runs through neighborhoods like East Durham, the blocks near Northgate, and the value-add stock surrounding Hope Valley, where 20th-century homes change hands quickly as the city densifies. Typical Durham double closes we fund land in the $200,000–$800,000 range, with capacity up to $100M+ per transaction. We never check credit, income, or tax returns.

How Double Close Funding closes in Durham (NC attorney-must-close)

North Carolina is a wet-funding, attorney-closing state: a licensed NC attorney must supervise the closing and disburse funds, and money has to sit in the trust account before the deed records. That makes a double close cleanest when both the A-B and B-C legs run through the same Durham-area closing attorney on the same day. We wire to that attorney’s trust account by 9 AM Eastern; A-B records first, B-C follows minutes later, and our funds are repaid from the end-buyer’s proceeds — all within the same business day. Confirm same-day disbursement and sequencing with your specific firm before setting the date.

Pricing

Tiered flat fee, collected on the closing statement — no upfront or application cost:

Funded Amount	Fee Rate	Example
Up to $1,000,000	1.25%	$400K deal = $5,000
$1M – $10M	1.0%	$2.5M deal = $25,000
$10M+	Custom	Contact for structure

You pay only if the deal funds and closes.

What you’ll need

• Fully executed A-to-B purchase contract
• Fully executed B-to-C assignment or purchase contract
• Verified end buyer with proof of funds or a financing pre-approval letter
• Same-day closing scheduled for both legs
• A single licensed NC closing attorney handling both transactions (required in North Carolina)

We’re a direct lender: no credit check, no income verification, no tax returns. The deal documents underwrite the funding.

A typical Durham double close scenario

You tie up a 1940s bungalow in East Durham at $260,000 and line up a buy-and-hold investor at $325,000 who wants to ride the Triangle’s appreciation. Rather than assign and reveal the $65,000 spread, you book a double close at a Durham-area NC attorney’s office. We wire $260,000 into the trust account by 9 AM. The A-B leg records, the seller is paid, and minutes later B-C closes at $325,000. Our $260,000 is repaid from the end-buyer’s wire, the 1.25% fee is $3,250, and you keep roughly $61,750 less closing costs — without your own capital ever leaving the bank.

Apply

Submit both contracts and your end-buyer verification online. Standard turnaround is ~48 hours to wire-ready; same-day is possible for complete files in before 11 AM Eastern.

Apply for Double Close · See full process