Double Close Funding in Cincinnati, OH | Swift Deal Funding
Double Close Funding in Cincinnati, OH
Double close funding lets a Cincinnati wholesaler buy from the seller (A→B) and resell to the end buyer (B→C) the same day, through one title company, without ever putting personal capital between the two closings. Swift Deal Funding is a direct lender — we provide the cash that funds the A-to-B leg and get repaid from the end buyer’s proceeds when B-to-C closes hours later. No credit pull, no income docs, no tax returns. We fund in all 50 states and close routinely across Hamilton County.
Cincinnati’s housing stock is unusually varied for a Midwest market: hillside duplexes, century brick singles, and river-valley parcels mean comps swing block to block. With a citywide median around $250K, deals in Over-the-Rhine, Walnut Hills, Price Hill, and Westwood often carry spreads worth protecting — which is exactly why a same-day double close beats showing both prices on one assignment.
How a Double Close Closes in Cincinnati
Ohio is a title/escrow state and a wet-funding state, meaning real money must be in escrow before the deed records. There is no attorney-closing mandate, so a licensed Hamilton County title company can run both legs:
- Your contracts and end-buyer proof of funds clear our underwriting (2–4 business hours).
- We issue wire instructions to your title company the business day before closing.
- Funds land at title by 9 AM Eastern. A→B records, B→C records immediately after, and our funds are repaid from end-buyer proceeds — all the same business day.
Confirm with your specific Cincinnati closer that they will sequence both closings and disburse same-day; most do.
Pricing
Tiered flat fee on the funded amount, collected on the closing statement — nothing upfront:
| Funded Amount | Fee Rate |
|---|---|
| Up to $1,000,000 | 1.25% |
| $1M – $10M | 1.0% |
| $10M+ | Custom |
A $240K A-to-B leg costs $3,000. You pay only if the deal funds and closes.
What You’ll Need
- Executed A-to-B purchase contract
- Executed B-to-C assignment or purchase contract
- Verified end buyer with proof of funds or financing letter
- Same-day closing scheduled for both legs
- A single Cincinnati title company or closing attorney handling both
Local note: in distressed or vacant OTR and Price Hill files, build title-clearing time into your timeline — Ohio’s judicial-foreclosure history means some chains carry old liens. We do not check credit; the deal documents underwrite the funding.
A Typical Cincinnati Double Close Scenario
A wholesaler locks a vacant brick two-family in Walnut Hills at $185,000 and assigns to a local BRRRR investor at $222,000. Rather than reveal the $37,000 spread on a single assignment, they double close: we fund the $185K A-to-B leg at 9 AM, the B-to-C closes by early afternoon at $222,000, and we’re repaid from the buyer’s proceeds. Fee at 1.25% is $2,312. The wholesaler’s spread stays private on two separate statements.
Apply
Submit your two contracts and end-buyer verification online — under ten minutes. Same-day possible before 11 AM Eastern; otherwise ~48 hours to wire-ready.
Frequently Asked Questions
Can one title company handle both the A-to-B and B-to-C closing in Cincinnati? +
Yes, and we require it. A double close needs a single Hamilton County title company or closing attorney running both legs on the same day. Ohio is a title/escrow, wet-funding state with no attorney mandate, so any established Cincinnati title office can sequence the two closings. Confirm with your specific closer that they are comfortable funding A-to-B from end-buyer proceeds the same morning — most local shops in OTR and the river suburbs do this routinely.
Do I need to disclose to a Cincinnati seller that I'm wholesaling? +
Ohio has no wholesaler-licensing statute, but you should disclose your equitable interest and your intent to assign or resell. A double close keeps your buy and sell prices on separate closing statements, so the original seller and the end buyer never see each other's numbers. We fund both legs through one title company so the spread stays confidential while remaining fully documented. Always confirm disclosure practices with your local closer.
How fast can you fund a double close in Cincinnati? +
Standard turnaround is about 48 hours from a complete file to wire-ready. Same-day funding is available when your application arrives before 11 AM Eastern with the A-B contract, B-C assignment, end-buyer proof of funds, and a title commitment. We wire to your Cincinnati closing agent by 9 AM Eastern on closing day. Cincinnati sits in the Eastern time zone, so the cutoff is straightforward for local deals.
Apply for Double Close Funding in Cincinnati, OH
Submit your application online — same-day decisions for complete files before 2 PM Eastern.