Double Close Funding in Minnesota | Swift Deal Funding
Double close funding in Minnesota
Double close funding lets a Minnesota wholesaler purchase from the seller (A→B) and resell to the end buyer (B→C) the same day using our money for the middle leg. You don’t bring the purchase capital — we wire it, both deeds record, and we’re repaid from the end buyer’s proceeds the same business day.
Minnesota is a steadier, mid-priced market than the deep-discount metros, and that shapes the deals we fund here. The Minneapolis–St. Paul metro — Minneapolis, St. Paul, Brooklyn Park, Bloomington, Plymouth and the surrounding suburbs — supplies most of the double-close volume, with outstate activity in Rochester, Duluth and St. Cloud. Because the housing stock is generally well-kept and prices are moderate, funded amounts commonly land in the $180,000–$400,000 range, with capacity into the millions for larger suburban and commercial transactions.
How a double close closes in Minnesota
Minnesota is a title/escrow-closing state, so a title company conducts the closing — no mandatory attorney involvement — which makes back-to-back closings straightforward as long as one title company handles both the A→B and B→C legs off a single commitment. On the wholesaling side, Minnesota has no special wholesaler-licensing statute, so the ordinary rule governs: disclose your equitable interest and operate as a principal. A double close sidesteps the assignment-disclosure question entirely because you take title before reselling. Minnesota is a wet-funding state — funds must be in escrow before recording — and we wire by 9 AM Eastern (8 AM Central), giving local title plenty of runway. Confirm the structure and timing with a Minnesota real estate attorney and your title company.
Pricing
Tiered flat fee, settled on the closing statement — no upfront cost:
| Funded amount | Fee |
|---|---|
| Up to $1,000,000 | 1.25% |
| $1M–$10M | 1.0% |
| $10M+ | Custom |
A $300,000 Twin Cities deal carries a $3,750 fee, due only at a successful close.
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 approval
- Same-day closing scheduled on both legs
- One Minnesota title company handling both transactions
No credit pull, no income verification, no tax returns. The deal documents do the underwriting.
A typical Minnesota double close scenario
You lock up a dated rambler in Brooklyn Park at $245,000 and have a flipper under contract at $285,000 for the same afternoon. To keep the $40,000 spread off a shared settlement statement, you double close: we wire $245,000 to the title company by 9 AM Eastern, the A→B leg records, B→C records right after, and we’re repaid from the end buyer’s funds. Two distinct closings, one tidy outcome.
Apply
Submit both contracts and the end-buyer verification online. Around 48 hours to wire-ready; same-day for complete files before 11 AM Eastern.
Frequently Asked Questions
Is wholesaling and double closing allowed in Minnesota? +
Minnesota does not have the kind of wholesaler-licensing statute that Illinois or Oklahoma have, so the standard rule applies: disclose your equitable interest and act as a principal, not an unlicensed broker. A double close steps cleanly around the disclosure debate because you actually take title in the A-to-B leg before reselling. Closings run through Minnesota title companies. As always, confirm your specific structure with a local real estate attorney.
Where does double close funding get the most use in Minnesota? +
The Minneapolis–St. Paul metro drives most of the volume — Minneapolis, St. Paul, Brooklyn Park, Bloomington and the inner-ring suburbs have the deal density and price spreads that support back-to-back closings. Outstate markets like Rochester, Duluth and St. Cloud see steadier, lower-volume activity. Minnesota's relatively healthy mid-priced housing stock means double closes here tend to fund in solid five- to low-six-figure ranges rather than the rock-bottom tickets you see in some markets.
How quickly can you fund a Minnesota double close? +
About 48 hours from a complete application to wire-ready, with same-day possible when a full file lands before 11 AM Eastern. Note the time-zone gap: Minnesota runs on Central time, so a 9 AM Eastern wire reaches your title company by 8 AM local — comfortably ahead of most closings. Minnesota is a wet-funding state, so funds must sit in escrow before recording; we plan the wire around that.
Apply for Double Close Funding in Minnesota
Submit your application online — same-day decisions for complete files before 2 PM Eastern.