Double Close Funding in Austin, TX | Swift Deal Funding
Double Close Funding in Austin, TX
Austin’s market swung hard — a pandemic-era tech boom, then a sharp price correction after 2022 — and a double close is how you lock in a spread quietly in a metro where margins have tightened and inventory stays competitive. Swift Deal Funding is a direct lender: we wire the cash for your A-to-B purchase so you buy from the seller and immediately resell to your end buyer, both legs closing the same day at one Austin title company.
With a median sale price near $550,000 — the highest of the major Texas metros — Austin deals tend to be larger, and the post-correction environment rewards wholesalers who keep their markup private. Activity concentrates in specific submarkets: value-add bungalows in East Austin, dated ranches in North Austin and Round Rock, and acreage plays out in the hill country toward Dripping Springs. Funded amounts here commonly run $150,000 to $500,000, with capacity up to $100,000,000+ on a single transaction. We never pull credit, verify income, or ask for tax returns.
How Double Close Funding closes in Austin
Texas handles closings at title companies, not law offices, and as a wet-funding state it wants money in escrow ahead of disbursement — which is exactly the rhythm a same-day double close needs:
- You line up one investor-friendly Austin title company to handle both the A-to-B and B-to-C legs.
- Our funds arrive at that office by 9 AM the morning of closing, sitting in escrow before any documents are signed.
- The A-to-B leg draws on our money; the seller is paid and the deed passes to you.
- The B-to-C leg follows minutes later as your end buyer funds, you keep the spread, and we are repaid from those proceeds ahead of disbursement.
Investor-active offices around East Austin, South Congress, and Round Rock run double closes regularly. Confirm same-day disbursement and second-leg sequencing with your title company before locking the date.
Pricing
Tiered flat fee, collected on the settlement statement only when the deal closes:
| Funded Amount | Fee Rate | Example |
|---|---|---|
| Up to $1,000,000 | 1.25% | $550K deal = $6,875 |
| $1M – $10M | 1.0% | $2.5M deal = $25,000 |
| $10M+ | Custom | Contact us |
No upfront fees, no application cost. You pay only if the transaction funds and closes.
What you’ll need
- Fully executed A-to-B purchase contract
- Fully executed B-to-C contract or assignment to your end buyer
- Verified end buyer with proof of funds or a financing pre-approval
- Same-day closing scheduled on both legs
- A single Austin-area title company handling both transactions
No credit check, no income docs, no tax returns. A local note: in a corrected, choosier Austin market, a well-capitalized verified end buyer is what keeps the same-day close on schedule.
A typical Austin double close scenario
A wholesaler ties up a 1970s ranch in East Austin at $470,000 and has a flipper end buyer at $525,000. To keep the $55,000 spread off the settlement statement, the wholesaler books a double close at a South Congress-area title company that handles investor files. We wire $470,000 by 9 AM. The A-to-B leg funds, the seller is paid, and the B-to-C closes minutes later with the end buyer’s $525,000. We are repaid $470,000 plus the 1.25% fee ($5,875) from proceeds. The wholesaler nets roughly $49,125 and the seller never sees the markup.
Apply
Upload both contracts and your end buyer’s proof of funds through our online form. Standard turnaround is about 48 hours to wire-ready; same-day funding is available for complete files submitted before 11 AM Eastern.
Frequently Asked Questions
Does Austin's price correction since 2022 change how double close funding works? +
The mechanics are identical; the math is what shifted. After the post-2022 cooldown, Austin spreads tightened and end buyers turned pickier, so a verified, well-capitalized end buyer matters more than it did at the peak. We underwrite your two contracts and the buyer's proof of funds, not the market trend, but lining up a solid B-to-C buyer in East Austin or the hill country before you close keeps the same-day double close on schedule. Confirm the closing date with your title company once the buyer is locked.
Can I double close on a tight-inventory East Austin deal the same day? +
Yes. Even with Austin's MLS-tight inventory, a double close runs through one title company handling both the A-to-B and B-to-C legs the same business day. We wire our funds by 9 AM so the A-to-B leg funds, then the B-to-C proceeds repay us before disbursement. Investor-active title offices around East Austin, South Congress, and Round Rock run these regularly. Pick one office for both legs and confirm they are comfortable with same-day sequencing before you set the date.
Are Austin's higher prices a problem for double close funding? +
No — Austin's higher median, around $550,000, sits comfortably inside our 1.25% tier, which covers funded amounts up to $1,000,000. Larger hill-country or commercial deals move into the 1.0% tier from $1M to $10M, and anything above that is custom. Because the fee is a flat percentage collected only at closing, a pricier Austin deal simply means a larger spread to protect by keeping it off the seller's settlement statement. Confirm your final numbers with your title company.
Apply for Double Close Funding in Austin, TX
Submit your application online — same-day decisions for complete files before 2 PM Eastern.