Double Close Funding in Jackson, MS | Swift Deal Funding
Double Close Funding in Jackson, MS
Double close funding lets a Jackson wholesaler complete a true A→B→C transaction — buy from the seller and resell to the end buyer the same day, through one closing attorney, without parking your own cash in the middle. Swift Deal Funding is a direct lender: we fund the A→B purchase, the B→C resale closes immediately after, and our money repays from the end-buyer’s proceeds.
Jackson is one of the most affordable markets we fund, with a median around $130,000. Population decline and elevated vacancy have left a deep supply of distressed and under-maintained homes — across west Jackson especially, but also pockets near the historic Belhaven and Fondren neighborhoods. The spreads can be strong precisely because so much inventory needs work, and a same-day double close protects them while end buyers line up.
How a Double Close Closes in Jackson
Mississippi is an attorney-closing, wet-funding state, so a licensed Jackson real estate attorney conducts both closings on the same day. We wire to the attorney’s escrow by 9 AM; the A→B records, the B→C records immediately behind it, and our funds repay from the end-buyer proceeds.
The Jackson-specific factor is the city’s water-infrastructure trouble. It rarely stops a wholesale deal, but it can affect an end buyer’s financing or comfort, so confirm there are no water-related liens or service issues with your closing attorney and keep your end buyer informed before scheduling the same-day closing.
Pricing
Tiered flat fee on the funded amount, collected on the closing statement:
| Funded amount | Fee |
|---|---|
| Up to $1,000,000 | 1.25% |
| $1,000,000 – $10,000,000 | 1.0% |
| $10,000,000+ | Custom |
Nothing upfront — you pay only if the deal funds and closes.
What You’ll Need
- Executed A→B purchase contract
- Executed B→C assignment or purchase contract
- Verified end buyer with proof of funds or financing approval
- Same-day closing scheduled for both legs
- A single Jackson real estate attorney handling both sides
No credit pull, no income docs, no tax returns. Local note: confirm there are no water-utility or municipal liens with your closing attorney given Jackson’s infrastructure issues.
A Typical Jackson Double Close Scenario
You tie up a vacant west Jackson cottage at $58,000 (A→B) and have a landlord buyer at $74,000 (B→C). One Jackson attorney runs both closings Tuesday morning. We wire $58,000 to escrow by 9 AM; the A→B records, the B→C records behind it, and the $74,000 end-buyer proceeds repay our funding plus the 1.25% fee ($725). Your net before closing costs is roughly $15,300 on a low-dollar deal — with no capital exposed.
Apply
Send both contracts and end-buyer verification through the online application. About 48 hours to wire-ready, same-day for clean files before 11 AM Eastern.
Frequently Asked Questions
Who handles a Jackson double close? +
Mississippi is an attorney-closing state, so a licensed Jackson real estate attorney conducts the closing rather than a title company alone. For a double close we require one attorney handling both the A-to-B and B-to-C legs on the same day, so our funds move cleanly from the purchase into the resale. Mississippi is also a wet-funding state — we wire to the attorney's escrow by 9 AM on closing day. Confirm the closing sequence with your Jackson attorney.
How does the Jackson water situation affect a double close? +
Jackson's well-documented water-infrastructure problems can affect a property's marketability and an end buyer's financing, but they don't change how we fund the double close. We fund the A-to-B purchase and our money repays from the end-buyer proceeds. The practical effect is on your exit: make sure your end buyer is comfortable with the property's water service and any related disclosures, and have your closing attorney confirm there are no related liens before the same-day closing.
How fast can you fund a Jackson double close? +
About 48 hours from a complete file, and same-day for clean packages before 11 AM Eastern. We need both the A-to-B and B-to-C contracts, a verified end buyer with proof of funds, and confirmation that one Jackson closing attorney is handling both legs on the same date. Wires reach the attorney's escrow by 9 AM on closing day. Given Jackson's affordability, funded amounts here are often modest, which keeps fees low.
Apply for Double Close Funding in Jackson, MS
Submit your application online — same-day decisions for complete files before 2 PM Eastern.