Double Close Funding in Boise, ID | Swift Deal Funding
Double Close Funding in Boise, ID
Boise rode one of the country’s biggest in-migration booms and has since cooled to a steadier pace, and a double close is how you protect a spread without exposing it on a settlement statement. 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 through one Boise title and escrow company.
The Treasure Valley still draws California equity, and a median sale price near $520,000 reflects how far prices climbed before the cooldown. Opportunity runs from historic homes in the North End to value-add stock on the Bench and older inventory in Garden City. Funded amounts here commonly run $275,000 to $700,000, though we can fund 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 Boise
Idaho closes through title and escrow companies using deeds of trust, and it is a dry-funding state — escrow disburses only after the deed records with the Ada County Recorder, not at signing. That record-first rule drives the same-day sequence:
- You line up one investor-friendly Boise escrow company to run both the A-to-B and B-to-C legs.
- We wire our funds into escrow by 9 AM the morning of closing.
- The A-to-B leg signs and the deed records with Ada County; once recording confirms, escrow disburses and the seller is paid.
- The B-to-C leg records and disburses minutes later; your end buyer funds, you take your spread, and we are repaid from those proceeds.
The Boise nuance is the Ada County recording cutoff — both legs must clear before day’s end. On distressed files, Idaho’s roughly 120-day trustee foreclosure process means your escrow company should clear any pending trustee sale before recording. Confirm both before you set 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% | $520K deal = $6,500 |
| $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 Boise-area title and escrow company handling both transactions
No credit check, no income docs, no tax returns; no Idaho wholesaler license required, though disclose your equitable interest. A local note: on distressed properties tied to Idaho’s trustee foreclosure process, confirm any pending trustee sale is cleared before recording so it doesn’t stall the same-day close.
A typical Boise double close scenario
A wholesaler ties up a Bench bungalow at $415,000 and has a relocating California end buyer at $485,000. Rather than assign and show the $70,000 spread, the wholesaler books a double close at a North End-area escrow company that handles investor files. We wire $415,000 by 9 AM. The A-to-B leg signs and records with Ada County; escrow disburses and the seller is paid. Minutes later the B-to-C records and closes with the end buyer’s $485,000. We are repaid $415,000 plus the 1.25% fee ($5,187) from proceeds. The wholesaler nets roughly $64,813 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
How does Idaho's record-first escrow rule affect a Boise double close? +
It sets the sequence. Idaho is a dry-funding escrow state, so a Boise title and escrow company disburses only after the deed records with the Ada County Recorder — not at signing. For a double close, our A-to-B funds sit in escrow, the deed records, and only then does the file disburse and the B-to-C leg follow. Both legs run through one escrow company on the same day. Confirm the Ada County recording cutoff with your escrow company so both legs clear before the day ends.
Does Idaho's deed-of-trust structure change a Boise double close? +
Not the mechanics of your double close, but it's the backdrop. Idaho uses deeds of trust with a trustee and a roughly 120-day nonjudicial foreclosure timeline, so some of your distressed Boise inventory may carry an active trustee process. Your title and escrow company clears any pending trustee sale or reinstatement before recording each leg. We underwrite on your two contracts and the end buyer's proof of funds; just confirm title is clean enough to record same-day with your escrow company.
Why double close instead of assign on a Boise deal? +
To keep your spread off the seller's settlement statement. Boise's California in-migration created big run-ups in the North End and Bench, and even with cooling, margins on the right deal are worth protecting — an assignment would expose your fee on the closing docs. A double close splits the A-to-B and B-to-C into two transactions at one Ada County escrow company. We fund the A-to-B and are repaid from the B-to-C proceeds. No Idaho wholesaler license is required, but disclose your equitable interest; confirm language with an Idaho attorney.
Apply for Double Close Funding in Boise, ID
Submit your application online — same-day decisions for complete files before 2 PM Eastern.