Stack Funding in Baltimore, MD | Swift Deal Funding
Stack Funding in Baltimore, MD
Stack (the Morby Method) supplies the cash a Baltimore deal needs at the settlement table when a seller carry-back covers the buyer’s down payment but the title company still requires real funds in escrow to close. Swift Deal Funding wires that cash as a direct lender; a recorded second-position note repays us plus a flat 2.5% — often the same day. With Baltimore homes near $200,000 and a deep base of long-tenure rowhome owners, Stack commonly funds $20,000–$55,000 of down-payment-and-costs gap on seller-finance deals, with capacity to $10M.
No credit check, no income verification, no tax returns.
How Stack closes in Baltimore
Maryland is a wet-funding state, so closings settle through a title company or attorney and money must be in escrow before settlement. On a Stack deal the seller agrees to carry a note covering the buyer’s down payment and costs; we wire the cash the table requires on closing day; the settlement agent disburses to the seller and records our second-position note; and that recorded note repays our advance plus 2.5%, typically same-day.
Baltimore adds two cost-and-title considerations. Transfer and recordation taxes apply to the conveyance, and many older rowhomes sit on ground-rent lots that must be identified and resolved before the agent disburses and records — both of which the seller carry-back needs to account for. Open title early so the parcel is clean. On regulation, if your structure involves assigning the property, confirm any wholesaling obligations; a straight subject-to acquisition where you take title sits differently. Confirm specifics with a local Maryland closing professional.
Pricing
Flat 2.5% of the funded amount. No upfront fees. Collected through settlement. This is separate from city/state transfer and recordation taxes.
| Funded Amount | Fee |
|---|---|
| $50,000 | $1,250 |
| $100,000 | $2,500 |
| $500,000 | $12,500 |
What you’ll need
- Executed purchase contract with seller-financing terms
- Seller carry-back large enough to cover the down payment plus closing costs
- Title company or attorney prepared to record the second-position note immediately after closing
Baltimore note: have the carry-back account for transfer/recordation taxes and any ground rent, and confirm the recording plan up front.
A typical Baltimore Stack scenario
A long-tenure owner of a paid-off Patterson Park rowhome agrees to seller-finance the sale at $195,000 and carry a note covering the $40,000 down payment plus closing costs (including transfer and recordation taxes). Title still needs that cash in escrow to close. Stack wires the $40,000; the settlement agent disburses, records our second-position note, and repays our $40,000 plus the $1,000 fee from the structure — typically same-day. You acquire with little of your own cash in the deal.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate directly with your Maryland settlement agent on the carry-back recording.
Frequently Asked Questions
Can I record a seller-carry second note on a Baltimore rowhome? +
Yes. Maryland is a wet-funding state and your Baltimore title company or settlement attorney records the second-position note as part of settlement. Stack works when the seller's carry-back covers the buyer's down payment but title still needs real funds in escrow to close. We supply that cash; the recorded second note repays us plus a flat 2.5%, often same-day. Confirm the settlement agent will record as agreed and account for any ground rent on the parcel.
Do Baltimore transfer taxes and ground rents affect a Stack deal? +
They affect the deal's costs and title work, not Stack's mechanics. Maryland and Baltimore City charge transfer and recordation taxes on the conveyance, and many older rowhomes carry a ground rent that must be resolved at settlement — budget both into the structure. Stack supplies the closing-table cash; once title is ready to disburse and record, our advance plus 2.5% repays from the recorded note, typically same-day. Confirm current taxes and ground-rent status locally.
What kinds of Baltimore sellers carry back a note for Stack? +
Often long-tenure owners of paid-off rowhomes in stable pockets of Canton, Hampden, or Patterson Park who'd rather carry paper than take a full cash payout, plus estate sellers financing to move a long-held property. The carry-back has to cover the down payment plus closing costs — and in Baltimore, those costs include meaningful transfer/recordation taxes — for Stack to fit. The city's older, high-equity stock produces a steady stream of such sellers.
Apply for Stack Funding in Baltimore, MD
Submit your application online — same-day decisions for complete files before 2 PM Eastern.