Stack Funding in Ohio | Swift Deal Funding
Stack Funding in Ohio
Stack funding — built around the Morby Method — supplies the cash a deal needs at the closing table when a seller carry-back covers the buyer’s down payment but the closing still requires real money in escrow to fund. For Ohio creative-finance investors, that’s the bridge between a clever structure and a deal that actually closes. A recorded second-position note repays our advance plus a flat 2.5% fee. In Ohio’s affordable markets funded amounts typically run $30,000–$120,000, capacity to $10 million. As a direct lender, we don’t check credit, income, or tax returns.
How a Stack deal closes in Ohio
Ohio is a title/escrow-closing, wet-funding state, and Stack involves a recorded second note, so the title company is central — no attorney required. The deal is structured with the seller carrying back enough to cover the down payment and closing costs. We position our cash before closing. At the signing, the title company executes the deed and the carry-back note and records the note in second position behind the new first lien. Because Ohio funds wet, the title office disburses at the table: proceeds to the seller, and the recorded 2nd note repays our funds plus the 2.5% fee. Ohio’s deep, low-cost inventory in Cleveland, Dayton, and Akron makes seller-carry structures especially common, since sellers with equity in older properties often prefer steady payments. Confirm with your title company that the carry-back will record in second position as agreed before you schedule.
Pricing
Flat 2.5% of the funded amount. Nothing upfront — collected through the closing statement.
| Funded Amount | Fee |
|---|---|
| $50,000 | $1,250 |
| $100,000 | $2,500 |
| $250,000 | $6,250 |
| Up to $10,000,000 | 2.5% flat |
What you’ll need
- Executed purchase contract with seller-financing terms
- Carry-back amount ≥ required down payment + closing costs
- Title company ready to record the seller-carry note in second position
- Written confirmation from title that the note will record as agreed
A typical Ohio Stack scenario
An investor structures a subject-to deal on a Columbus rental: the seller carries back $35,000 covering the down payment and closing costs while the existing loan stays in place. The title company needs that $35,000 in escrow to close, so we provide it. The closing executes, disburses wet, and the title office records the second-position note. At disbursement the recorded note repays our $35,000 plus the 2.5% fee ($875). The investor picks up a cash-flowing rental with none of his own money in the down payment, all through a single Ohio title company.
Apply
Apply online with your purchase contract and seller-financing terms. We work directly with your Ohio title company to confirm the second-position carry-back records as agreed at closing.
Frequently Asked Questions
How does Stack funding close in Ohio? +
Stack provides cash at the closing table when a seller carry-back covers the buyer's down payment but the deal still needs real funds to close. Ohio is a title/escrow-closing state, so the title company runs the closing and records the second-position carry-back note — no attorney required. We position our cash before closing; because Ohio funds wet, the title office disburses at the table and the recorded 2nd note repays our advance plus the flat 2.5% fee. Confirm the recording and disbursement order with your title company.
What seller-financing terms does an Ohio Stack deal need? +
A purchase contract with seller-financing terms where the carry-back is at least the required down payment plus closing costs. The seller carries a note instead of taking full cash, and that note records in second position behind the new first lien. These structures are common across Ohio's affordable markets — subject-to and owner-finance deals in Cleveland, Columbus, Cincinnati, and Dayton where sellers with equity prefer payments over a lump sum.
What does Stack funding cost in Ohio? +
A flat 2.5% of the funded amount, with no upfront fees and no application cost. It's collected through the closing statement and repaid by the recorded second-position note. On a $50,000 Stack funding the fee is $1,250; on $100,000 it's $2,500. Ohio's wet-funding title closings settle at the table, so repayment is arranged through your title company, but the pricing matches every state we fund in.
Apply for Stack Funding in Ohio
Submit your application online — same-day decisions for complete files before 2 PM Eastern.