Double Close Funding in Nevada | Swift Deal Funding
Double close funding in Nevada
Double close funding lets a Nevada wholesaler buy from the seller (A→B) and resell to the end buyer (B→C) through one escrow company, without using your own capital on the middle leg. Swift Deal Funding is a direct lender — we wire the cash for your A-to-B purchase and are repaid from the end buyer’s proceeds on the B-to-C close.
Nevada is one of the most active wholesale markets in the country. Las Vegas and Henderson see relentless flip and assignment volume, Reno and Sparks add a strong northern market, and out-of-state buyers keep B-to-C demand deep. The state’s roughly 3.19 million residents are heavily concentrated in Clark County. Funded amounts here run larger than most markets — often $200,000–$800,000.
How a double close closes in Nevada
The defining fact is that Nevada is a dry-funding, escrow state. Escrow generally disburses only after the deed records at the county, not the instant documents are signed. For a same-day A→B→C, that means your A-to-B leg may need to record before the B-to-C funds release — a tighter sequence than in wet states. The upside: Clark and Washoe counties support electronic recording, so a competent escrow officer can record the A leg and disburse the same day, with the B leg following.
Nevada closes through escrow/title companies, not attorneys, and has no wholesaler-licensing statute, so disclose your equitable interest as standard practice. Map the record-then-disburse timeline with your escrow officer — and the county recording cutoff — before locking a same-day schedule. Confirm specifics with your Nevada escrow company or an attorney.
Pricing
Tiered flat fee on the funded amount, collected on the closing statement — nothing upfront:
| Funded amount | Fee |
|---|---|
| Up to $1,000,000 | 1.25% |
| $1M – $10M | 1.0% |
| $10M+ | Custom |
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
- A verified end buyer with proof of funds or financing pre-approval
- A same-day closing scheduled on both legs
- A single Nevada escrow/title company handling both transactions
Nevada note: choose an escrow office experienced with dry-funding double closes and same-day eRecording in Clark or Washoe County. No credit, income, or tax returns.
A typical Nevada double close scenario
A wholesaler ties up a Las Vegas flip at $360,000 (A→B) with a verified out-of-state buyer under contract at $410,000 (B→C). We wire $360,000 to escrow by 9 AM. Because Nevada is dry-funding, the escrow officer records the A-to-B deed first via eRecording, then releases funds so the B-to-C leg closes the same day, repaying us from the $410,000. On a ≤$1M deal the fee is 1.25% of $360,000 — $4,500 — and the wholesaler keeps the spread after costs.
Apply
Submit both contracts and your end-buyer verification online; standard turnaround is about 48 hours to wire-ready, or same-day for complete files in before 11 AM Eastern.
Frequently Asked Questions
Does Nevada's dry-funding rule affect my same-day double close? +
Yes, and it is the most important timing point in Nevada. Nevada is a dry-funding, escrow state, which means escrow generally disburses only after the deed records at the county — not the moment documents are signed. For an A→B→C same-day close, your A-to-B leg may need to record before the B-to-C funds release, so the sequence is tighter than in wet states. We work with your Las Vegas or Reno escrow officer to line up recording and disbursement; confirm the exact order with them.
Can a Nevada double close still close in one day? +
Often yes, but it takes coordination because of dry funding. In Clark and Washoe counties, electronic recording lets escrow record the A-to-B deed and then release funds the same day, allowing the B-to-C leg to follow. The realistic plan is to get our wire to escrow by 9 AM Eastern and let the escrow officer manage the record-then-disburse sequence. Always confirm the county's recording cutoff and your escrow company's same-day capability before scheduling.
Who handles a double close in Nevada — title or attorney? +
Nevada is an escrow/title state, not an attorney-closing state, so a licensed escrow or title company runs both legs — no closing attorney is required. We require one escrow office to handle both the A-to-B and B-to-C transactions. Nevada has no special wholesaler-licensing law, so disclose your equitable interest as standard practice. You can involve an attorney if you want, but confirm the dry-funding recording sequence with your escrow officer either way.
Apply for Double Close Funding in Nevada
Submit your application online — same-day decisions for complete files before 2 PM Eastern.