Double Close Funding in North Carolina | Swift Deal Funding
Double Close Funding in North Carolina
Double close funding lets a North Carolina wholesaler buy from the seller (A→B) and resell to an end buyer (B→C) the same day, with our capital funding the first leg until the buyer’s money repays it on the second. Swift Deal Funding is a direct lender — we fund the A-B purchase outright, so you keep your spread private rather than exposing it through an assignment. In North Carolina’s fast-moving Charlotte and Raleigh-Durham markets, deals here commonly fund in the $200,000–$800,000 range, with capacity to $100M+.
How a double close closes in North Carolina
North Carolina is an attorney-closing, wet-funding state, and that combination defines the process. State law requires a licensed attorney to handle the closing, so both the A-B and B-C legs run through a closing attorney — not a title agent working solo — and funds disburse at the table rather than after recording. For a same-day back-to-back, the same attorney should run both transactions to keep the chain tight. We wire our funds to that attorney’s trust account by 9 AM Eastern on closing day. The A-B closes, the B-C closes immediately after, and the end buyer’s proceeds repay our advance at the table while your spread releases to you. Because the attorney requirement is firm here, the single most useful thing you can do is confirm early that your closing attorney runs same-day double closes — most active Charlotte and Raleigh firms do. Verify trust-account wire details with that attorney before you schedule.
Pricing
Tiered flat fee on the funded (A-B) amount, collected on the closing statement — nothing upfront:
| Funded Amount | Fee Rate | Example |
|---|---|---|
| Up to $1,000,000 | 1.25% | $300K deal = $3,750 |
| $1M – $10M | 1.0% | $2.5M deal = $25,000 |
| $10M+ | Custom | Contact us |
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 resale contract
- Verified end buyer with proof of funds or financing pre-approval
- Same-day closing scheduled on both legs
- A single North Carolina closing attorney handling both transactions
No credit pull, no income docs, no tax returns.
A typical North Carolina double close scenario
A Charlotte wholesaler ties up a dated ranch in the East Charlotte corridor at $245,000 (A-B) and resells to a flip investor at $298,000 (B-C). She’d rather not reveal her $53,000 spread on an assignment. We fund the $245,000 so her closing attorney closes A-B in her name and then closes B-C immediately after; the buyer’s proceeds repay our advance plus the 1.25% fee ($3,062.50) at the table, and the rest is hers — same day, no assignment, fully attorney-supervised.
Apply
Start the online application with your A-B and B-C contracts and end-buyer verification — most wholesalers finish in under ten minutes. We then wire to your North Carolina closing attorney; files in before 11 AM Eastern can close same-day.
Frequently Asked Questions
Does North Carolina require an attorney for a double close? +
Yes — North Carolina law requires a licensed attorney to handle the real estate closing, so both legs of an A→B→C run through a closing attorney rather than a title agent acting alone. For a same-day double close, that attorney should manage both the A-B purchase and the B-C resale to keep the chain clean. We coordinate our wire to the attorney's trust account and recommend confirming early that the firm handles same-day back-to-back closings, which is common in busy Charlotte and Raleigh practices.
How quickly can you fund a North Carolina double close? +
About 48 hours from a complete file, with same-day possible before 11 AM Eastern when the A-B contract, B-C assignment, end-buyer proof of funds, and title commitment are all in. Because North Carolina closes wet through an attorney, we wire to the closing attorney's trust account by 9 AM Eastern on closing day so the funds are in place for the back-to-back signing in markets like Charlotte, Raleigh-Durham, or Greensboro.
Are double close deals common in North Carolina's fast-growing metros? +
Very — Charlotte and Raleigh-Durham are among the fastest-growing metros in the country, and that growth feeds a deep flow of wholesale deals. We fund A→B→C transactions across the state, typically in the $200,000–$800,000 range here, with capacity to $100M+. The attorney-closing requirement is simply built into how we coordinate; it doesn't slow eligibility as long as your documents and end buyer check out.
Apply for Double Close Funding in North Carolina
Submit your application online — same-day decisions for complete files before 2 PM Eastern.