Double Close Funding in West Virginia | Swift Deal Funding
Double Close funding in West Virginia
Double close funding lets a West Virginia wholesaler buy from the seller (the A-B leg) and resell to the end buyer (the B-C leg) on the same day, through one closing attorney, using our capital instead of yours. We fund the A-B; you collect your spread when the B-C closes. Because West Virginia is one of the most affordable markets in the country, funded amounts here commonly run $60,000 to $200,000 — though our capacity extends past $100 million per transaction.
This is a smaller, more specialized wholesale market than the big coastal states. Activity clusters around Charleston, Huntington, and Morgantown, plus the Eastern Panhandle near the DC commuter ring. Low purchase prices keep most spreads modest, which makes a no-capital, percentage-fee structure especially attractive — you’re not floating your own money on thin-margin deals.
How a double close closes in West Virginia
West Virginia is an attorney-closing state, so a licensed West Virginia attorney conducts the settlement and title work. For a double close, that single attorney runs both legs: the A-B funds, then the B-C closes right after, with the attorney controlling documents and disbursement throughout. West Virginia is also a wet-funding state, so the attorney can disburse against our wire at the table without waiting on the county recorder, keeping the two legs tight on the same day. We wire to the attorney’s escrow by 9 AM Eastern; our funds plus fee are repaid from the end buyer’s proceeds. Confirm the disbursement order with your closing attorney in advance.
Pricing for Double Close in West Virginia
Tiered flat fee on the funded amount, collected on the settlement statement. No application or upfront cost.
| Funded Amount | Fee Rate | Example |
|---|---|---|
| Up to $1,000,000 | 1.25% | $120K Huntington deal = $1,500 |
| $1M – $10M | 1.0% | $1.2M deal = $12,000 |
| $10M+ | Custom | Contact for structure |
You pay only if the deal funds and closes.
What you’ll need for Double Close in West Virginia
- Fully executed A-B purchase contract
- Fully executed B-C assignment or purchase contract
- Verified end buyer with proof of funds or a financing pre-approval letter
- Same-day closing scheduled for both legs
- A single West Virginia closing attorney handling both transactions
No credit pull, no income docs, no tax returns.
A typical West Virginia double close scenario
A wholesaler ties up a Charleston bungalow at $95,000 with a local landlord buyer under contract at $128,000. A Kanawha County closing attorney handles both legs. We wire $95,000 to the attorney’s escrow by 9 AM. The A-B settles, the attorney runs the B-C immediately after, and our $95,000 plus the 1.25% fee ($1,187.50) is repaid from the end buyer’s proceeds at the table. The wholesaler nets the spread the same day, never having touched the principal.
Apply for Double Close funding in West Virginia
Send both contracts and end-buyer verification online — about ten minutes. Standard turnaround ~48 hours to wire-ready; same-day possible for complete files in before 11 AM Eastern.
Frequently Asked Questions
Does an attorney have to close my double close in West Virginia? +
West Virginia is an attorney-closing state, so a licensed West Virginia attorney conducts the settlement and handles the title work. For a double close that's an advantage: a single attorney can run the A-B and B-C legs back-to-back, controlling the documents and disbursement for both. We require one closing attorney handling both transactions. Most real estate attorneys in Charleston, Huntington, and Morgantown are comfortable with consecutive closings — confirm yours is before you schedule, and verify any local specifics with that attorney.
Is West Virginia wet or dry funding for a double close? +
West Virginia is a wet-funding state, so the closing attorney can disburse against our wired funds at the table rather than waiting for the deed to record. On a same-day double close that lets the B-C follow the A-B without a recording gap in between. We wire to the closing attorney's escrow by 9 AM Eastern on closing day. County recording timelines still vary, so confirm the disbursement sequence with your closing attorney ahead of time.
Do smaller West Virginia deal sizes still qualify for double close funding? +
Yes. West Virginia's low entry prices mean funded amounts often run $60,000 to $200,000 — well within our range, and we have capacity past $100 million if you ever need it. Our fee is a percentage of the funded amount, so a smaller deal simply means a smaller fee; the 1.25% tier covers nearly every residential double close in the state. Standard turnaround is about 48 hours, with same-day possible for complete files in before 11 AM Eastern.
Apply for Double Close Funding in West Virginia
Submit your application online — same-day decisions for complete files before 2 PM Eastern.