Double Close Funding in South Carolina | Swift Deal Funding
Double Close Funding in South Carolina
Double close funding lets a South Carolina wholesaler buy from the seller (A→B) and resell to the end buyer (B→C) on the same day, using our capital for the A→B leg so none of your own cash is in the deal. Across SC’s growing metros — Charleston, Greenville, and Columbia — funded amounts commonly run $180,000 to $500,000, reflecting rising regional prices, with single-transaction capacity past $10 million.
The non-negotiable feature of a South Carolina closing is the attorney. SC requires a licensed South Carolina attorney to supervise residential closings — it is not optional and not delegable to a title company acting alone. For a double close, that’s an advantage: one supervising attorney runs both legs, so the chain of funds and the recording order sit with a single accountable party. The same attorney who closes the A→B leg immediately closes the B→C leg.
How a double close closes in South Carolina
South Carolina is a wet-funding state, so our capital must be in the attorney’s escrow before any deed records. On closing morning, our wire reaches your closing attorney’s escrow by 9 AM Eastern. The A→B deed records and the seller is paid; immediately after, the B→C deed records and your end buyer’s funds repay our capital plus fee — all the same business day. Because one SC attorney supervises both legs, the same-day sequence stays tight. We coordinate the wire and disbursement with the attorney’s office before closing.
Pricing
Tiered flat fee on the funded A→B amount, collected on the closing statement. No upfront or application fees.
| 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
- Executed A→B purchase contract (seller to you)
- Executed B→C assignment or purchase contract (you to end buyer)
- Verified end buyer with proof of funds or financing pre-approval
- Same-day closing scheduled on both legs
- One supervising South Carolina closing attorney handling both transactions
No credit check, no income docs, no tax returns. Direct lender, underwriting on the deal documents.
A typical South Carolina double-close scenario
A Charleston wholesaler locks a coastal-area home at $290,000 and has a rehab buyer at $335,000. To resell cleanly as a titled principal, they double close. We fund the $290,000 A→B leg; the wire reaches the supervising attorney’s escrow by 9 AM Eastern. The attorney records the A→B deed, pays the seller, then records the B→C deed; the buyer’s $335,000 repays our funds plus the 1.25% fee ($3,625). The wholesaler nets roughly $41,400, with one attorney controlling the whole chain and no personal cash in the deal.
Apply
Send both contracts and your end-buyer verification online — under ten minutes. Standard turnaround is about 48 hours to wire-ready; same-day is possible for complete files in before 11 AM Eastern.
Frequently Asked Questions
Does South Carolina require an attorney for a double-close transaction? +
Yes. South Carolina requires a licensed South Carolina attorney to supervise residential real estate closings — it isn't optional. For a double close, that one attorney oversees both the A-to-B and B-to-C legs, controlling the chain of funds and recording order. Give us your closing attorney at application and we coordinate the wire and disbursement with their office. The attorney's mandatory role is precisely what keeps the same-day double-close sequence clean in SC.
South Carolina is a wet-funding state — how does that affect closing day? +
Our funds must be in the attorney's escrow before any deed records. We wire to your South Carolina closing attorney by 9 AM Eastern on closing day so both legs settle the same business day. The A-to-B deed records and the seller is paid; immediately after, the B-to-C deed records and your end buyer's funds repay our capital plus fee. One supervising attorney, one escrow, one day.
Where in South Carolina is double-close volume strongest? +
Charleston, Greenville, and Columbia carry the most investor activity, and all three are growing markets with rising prices — which is part of why wholesalers there favor a double close to resell cleanly as a principal. We've funded deals statewide and coordinate with South Carolina closing attorneys in each metro. Because every SC closing already runs through an attorney, the documentation and disbursement process is consistent across the state.
Apply for Double Close Funding in South Carolina
Submit your application online — same-day decisions for complete files before 2 PM Eastern.