Stack Funding in Idaho | Swift Deal Funding
Stack (Morby Method) funding in Idaho
Stack funding supplies the cash needed at the closing table when a seller carry-back note covers the buyer’s down payment but the title company still requires real funds to close. We wire that cash, and the recorded second-position note repays us plus a flat 2.5%, usually soon after recording.
Idaho is a natural fit. The Treasure Valley’s long run of appreciation has built deep equity for many longtime owners, and a meaningful share are open to carrying paper rather than cashing out entirely — the core of a Morby Method deal. Activity concentrates in Boise, Meridian, and Nampa, with creative-finance deals also surfacing in Coeur d’Alene and Idaho Falls. Funded amounts here typically run $20,000–$70,000, with capacity up to $10 million per transaction.
How a Stack deal closes in Idaho
Idaho is a dry-funding state, so title disburses after the deed and notes record with the county recorder, not at signing. For Stack, we provide the closing-table cash; title records the seller-carry note in second position and repays our funds plus 2.5% once recording confirms. In Ada County recording is typically same-day, keeping repayment quick.
Idaho closes through title/escrow companies, which keeps the note-recording coordination in one place. We require written confirmation from title that the carry-back note will record in second position as agreed. Local note: confirm the county recorder’s cutoff for your closing date so the second note records before the office closes.
Pricing
Flat 2.5% of the funded amount, nothing upfront, collected on the closing statement:
| Funded amount | Fee |
|---|---|
| $50,000 | $1,250 |
| $100,000 | $2,500 |
| $500,000 | $12,500 |
| Up to $10,000,000 | $250,000 |
What you’ll need
- A signed Idaho contract spelling out the seller-financing terms
- A carry-back at least covering the down payment and closing costs
- A Treasure Valley title company that can record the second-position note
- Title’s written confirmation the carry-back note will record as agreed
A typical Idaho Stack scenario
A retiring landlord in Boise with a fully appreciated rental agrees to sell subject-to and carry back a note covering the $50,000 down payment. Title still needs cash in escrow to close. Stack wires the $50,000; title records the carry-back note in second position with the Ada County recorder. Recording confirms same-day, and the note repays our $50,000 plus the 2.5% fee ($1,250). You acquire a cash-flowing Boise rental with none of your own money at the table.
Apply
Upload your Idaho contract and seller-financing terms online. We’ll coordinate the second-position note recording with your Treasure Valley title company.
Frequently Asked Questions
How does Idaho's dry-funding rule affect Stack repayment? +
Idaho title disburses after the deed and notes record with the county recorder, not at signing. For Stack, we wire the cash to close; title records the seller-carry note in second position and repays our funds plus the flat 2.5% once recording confirms. In Ada County recording is generally same-day, so repayment usually follows within hours. The structure is unchanged by dry funding — only the settlement timing shifts. Confirm the recording sequence with your title officer.
Are Idaho sellers open to carrying a note? +
Often, yes. Years of Treasure Valley appreciation have left many longtime owners with substantial equity, and some prefer carrying a note for steady income over taking a full cash payout and a big tax hit. That equity is what makes Morby Method deals work here — the seller carry-back covers the down payment while Stack supplies the cash escrow needs to close. We require written confirmation that the carry-back note will record in second position before funding.
What Idaho deals fit Stack funding? +
Creative-finance structures: subject-to acquisitions, owner-financed purchases, and seller-carry deals where the carry-back note covers the down payment but title still needs real cash to close. These show up regularly in the Boise metro where sellers hold strong equity positions. Stack provides the closing-table cash and is repaid from the recorded second note at a flat 2.5%, with capacity up to $10 million per transaction.
Apply for Stack Funding in Idaho
Submit your application online — same-day decisions for complete files before 2 PM Eastern.