Double Close Funding in Kansas | Swift Deal Funding
Double Close Funding in Kansas
Double close funding lets a Kansas wholesaler buy from the seller (A-to-B) and resell to the end buyer (B-to-C) on the same day, at the same title company, using our capital to fund the first leg. You never bring your own cash to the A side — our wire covers it and is repaid from the end buyer’s proceeds minutes later.
Kansas is a steady, affordable wholesale market rather than a hot one. Wichita carries the most consistent flip-and-assign volume, while the Johnson County suburbs — Overland Park, Olathe, Lenexa — and the Kansas City, KS side feed the Kansas City metro’s investor pipeline. Lower median prices here mean double-close deals in this market commonly fund in the $100,000–$350,000 range, though our capacity runs to $100,000,000+ per transaction. Tighter spreads make the certainty of a same-day double close more valuable than in high-priced coastal markets.
How a double close closes in Kansas
Kansas is a title/escrow state, so a licensed title company or escrow officer conducts the closing — there’s no attorney-closing mandate like in neighboring Missouri counties that lean on attorneys. That keeps coordination simple: one title file, one escrow officer, two back-to-back HUDs.
Kansas is also a wet-funding state. Funds have to sit in escrow before the deed records, so a title company will not disburse against a wire that’s merely “on the way.” We wire to the closing agent by 9 AM Eastern on closing day specifically to satisfy that rule, and we confirm receipt before the A-to-B leg executes. On the wholesaling side, Kansas hasn’t adopted the licensing regimes seen in Illinois or Oklahoma; you operate by disclosing your equitable interest under contract. Confirm closing mechanics and any disclosure obligations with your local title officer or a Kansas attorney.
Pricing
Tiered flat fee on the funded (A-to-B) amount, collected only at a successful close:
| Funded Amount | Fee |
|---|---|
| Up to $1,000,000 | 1.25% |
| $1M – $10M | 1.0% |
| $10M+ | Custom |
A typical $250,000 Wichita double close costs $3,125. No upfront or application fees.
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 pre-approval
- A single Kansas title company or escrow officer running both legs, same day
- Same-day closing scheduled on both sides
No credit pull, no income docs, no tax returns. Local note: line up a Kansas title office that has run simultaneous closings before — it removes the most common day-of friction.
A typical Kansas double close scenario
You tie up a tired rental near Wichita’s Riverside neighborhood at $185,000 and find a landlord-buyer at $215,000. Rather than assign and disclose your $30,000 spread, you double close to keep the margin private. We wire $185,000 to the title company by 9 AM, the A-to-B closes, the B-to-C closes minutes later, and our funds plus a $2,312.50 fee are repaid from the buyer’s proceeds — all before lunch.
Apply
Send both contracts and end-buyer verification through the online form. Complete files before 11 AM Eastern can fund same-day; standard turnaround is about 48 hours to wire-ready.
Frequently Asked Questions
Can a Kansas title company handle both legs of a double close in one day? +
Yes, and Kansas is well-suited to it. Kansas is a title/escrow state, so a licensed title company runs the closing rather than a mandated attorney. We require a single title company or escrow officer to handle both the A-to-B purchase and the B-to-C resale on the same business day so our funds cycle from the seller table to the end-buyer table cleanly. Most Wichita and Johnson County title shops are comfortable with simultaneous closings; confirm the specifics with your title officer before you schedule.
How does Kansas's wet-funding rule affect double close timing? +
Kansas is a wet-funding state, meaning funds must be in escrow before the deed records — the title company won't disburse on a promise of an incoming wire. That's exactly why we wire to the closing agent by 9 AM Eastern on closing day and confirm receipt before either leg executes. With a complete file in before 11 AM Eastern the prior day, a Kansas double close routinely funds same-day. Budget a real wire window; Kansas title offices will not close dry.
Do I need a real estate license to wholesale a double close in Kansas? +
Kansas does not have the wholesaler-specific licensing statutes that Illinois, Oklahoma and Pennsylvania enacted. As an investor taking equitable interest under a purchase contract you can assign or resell that interest, but you should disclose your equitable interest to the parties and avoid marketing a property you don't yet own. We fund the transaction itself; the licensing and disclosure questions are yours to confirm with a Kansas real estate attorney.
Apply for Double Close Funding in Kansas
Submit your application online — same-day decisions for complete files before 2 PM Eastern.