Stack Funding in Pittsburgh, PA | Swift Deal Funding
Stack Funding in Pittsburgh, PA
Stack (the Morby Method) supplies the cash a Pittsburgh deal needs at the closing 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 through title. With Pittsburgh homes near $240,000 and a deep base of long-tenure, high-equity owners, Stack commonly funds $20,000–$60,000 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 Pittsburgh
Pennsylvania is a wet-funding state, so closings run through a title company or closing 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; title disburses to the seller and records our second-position note; and that recorded note repays our advance plus 2.5%, typically same-day.
Pittsburgh’s complications are physical. Steep, landslide-prone lots and century-old hillside stock can carry slope easements and dated title chains that the settlement agent must clear before recording the second note, so open the title commitment early. On regulation, the Philadelphia wholesaler ordinance doesn’t apply here, but if your structure involves assigning the property, Pennsylvania’s statewide wholesaling rules may; a straight subject-to acquisition where you take title sits differently. Confirm specifics with a local Pennsylvania closing professional.
Pricing
Flat 2.5% of the funded amount. No upfront fees. Collected through settlement.
| 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 closing attorney prepared to record the second-position note immediately after closing
Pittsburgh note: confirm the recording plan with your title agent up front and clear any hillside easements or slope-related exceptions early.
A typical Pittsburgh Stack scenario
A long-tenure owner of a paid-off Hill District home agrees to seller-finance the sale at $225,000 and carry a note covering the $45,000 down payment plus closing costs. Title still needs that cash in escrow to close. Stack wires the $45,000; title disburses, records our second-position note, and repays our $45,000 plus the $1,125 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 Pennsylvania title company on the carry-back recording.
Frequently Asked Questions
Can I record a seller-carry second note on a Pittsburgh property? +
Yes. Pennsylvania is a wet-funding state and your Pittsburgh title company or closing 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 through title. Confirm the Allegheny County agent will record as agreed before scheduling.
What kinds of Pittsburgh sellers carry back a note for Stack? +
Often long-tenure owners of paid-off hillside homes in Brookline or the Hill District 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 for Stack to fit. Pittsburgh's older, high-equity, owner-occupied stock produces a steady stream of sellers open to financing, which is what makes seller-carry structures common here.
Does Pittsburgh's terrain or old stock complicate a Stack closing? +
It can complicate title, not the funding. Steep, landslide-prone lots and century-old buildings sometimes carry slope easements or dated title chains that the settlement agent must clear before recording the second note. Stack itself just supplies the cash the table requires; once title is ready to disburse and record, the recorded note repays our advance plus 2.5%, typically same-day. Open the title commitment early and confirm the recording plan.
Apply for Stack Funding in Pittsburgh, PA
Submit your application online — same-day decisions for complete files before 2 PM Eastern.