Stack Funding in Tampa, FL | Swift Deal Funding
Stack (Morby Method) funding in Tampa, FL
Stack funding provides 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 in escrow to close. The recorded second-position seller-carry note repays our funds plus a flat 2.5% — often same-day through title.
Tampa’s long run of appreciation has left many owners — especially in established neighborhoods like Seminole Heights and Sulphur Springs — sitting on equity and open to carrying paper instead of cashing out fully. That makes the metro a steady source of creative-finance and subject-to deals. Stack deals here commonly fund $40,000 to $130,000, with capacity to $10 million per transaction.
How a Stack deal closes in Tampa, FL
- Deal structured. The seller agrees to a carry-back note covering the down payment plus closing costs.
- Cash at the table. Under Florida wet-funding, we wire the needed cash to the Tampa title company on closing day.
- Closing executes. Title disburses to the seller and records the seller-carry note in second position.
- Note repays. The recorded second note pays back our funds plus 2.5% — typically same-day through title.
Confirm with your Tampa title agent that the second-position note will record as agreed, and clear any flood-zone insurance items in advance so the date holds.
What you’ll need
- Executed purchase contract with seller-financing terms
- Seller carry-back amount large enough to cover the required down payment plus closing costs
- A Tampa title company prepared to record the seller-carry second note immediately after closing
- Written confirmation from title that the note will be recorded as agreed
Pricing
Flat 2.5% of the funded amount. No upfront fees. Collected through 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 |
A typical Tampa Stack scenario
An investor buys a 3/2 in Seminole Heights for $330,000 with the seller carrying a $60,000 second to cover the down payment, but the senior lender needs that down payment as verified funds at closing. Stack wires the $60,000 to the title company on closing day. Title disburses to the seller, records our second-position note, and the note repays $61,500 ($60,000 + 2.5%) — typically same-day. The buyer closes with minimal cash in the deal.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate directly with your Tampa title company on the carry-back recording.
Frequently Asked Questions
When does Stack make sense on a Tampa deal? +
When a seller carries back financing that covers the buyer's down payment but title still needs real funds in escrow to close. Stack provides that cash at the table; a recorded second-position note repays us plus a flat 2.5%, typically same-day through title. It's common on Tampa creative-finance and subject-to deals, where owners who've ridden the area's appreciation prefer carrying a note over a full cash-out.
Can Stack work alongside flood-zone diligence in Tampa? +
Yes. The flood-zone items — elevation certificate, insurance binder — affect when the title company can close, not the Stack mechanics. Once the table is ready under Florida wet-funding, we wire the cash, the seller-carry note records in second position, and the note repays us plus 2.5%. Just confirm with your Tampa title agent that the second note can record immediately after closing.
How is Stack different from Echo in Tampa? +
Both put cash on the table. Echo is repaid from seller proceeds — your assignment fee — at closing. Stack is repaid by a recorded seller-carry second note after closing. In Tampa, pick Echo for straight assignments with a strong fee, and Stack when the seller is financing the deal and the carry-back covers what would otherwise be the buyer's down payment.
Apply for Stack Funding in Tampa, FL
Submit your application online — same-day decisions for complete files before 2 PM Eastern.