Double Close Funding in Fort Lauderdale, FL | Swift Deal Funding
Double Close Funding in Fort Lauderdale, FL
Double close funding lets a Fort Lauderdale wholesaler buy from the seller (A-to-B) and resell to an end buyer (B-to-C) the same day on our capital, keeping your own cash free. Both legs run through one Fort Lauderdale title company, and we’re repaid from the end buyer’s proceeds at the table.
Fort Lauderdale is a high-priced South Florida market — median near $600,000 — defined by its canals and waterfront, an active condo sector, and a steady stream of foreign cash buyers from Latin America and Europe. Neighborhoods range from Las Olas and Victoria Park to the waterfront blocks east of the Intracoastal. Double closes here commonly fund $250,000 to $800,000, and we hold capacity past $100,000,000 for large condo and commercial B-C closings.
How Double Close closes in Fort Lauderdale, FL
Florida is a wet-funding state and a title-company closing state — close to ideal for same-day double closes. Wet funding means our money disburses at the table once documents are signed, so the A-B and B-C legs run back-to-back the same morning. A licensed Fort Lauderdale title agent runs both legs; an attorney is optional. We wire to title by 9 AM Eastern.
Fort Lauderdale carries two local wrinkles. First, water: after the 2023 flooding, lenders pay close attention to flood insurance, elevation certificates and seawall condition on waterfront B-C deals. Second, condos: post-Surfside recertification can bring special assessments and slow estoppel letters. Both affect timing more than the funding. Wholesaling is permitted statewide with disclosure of your equitable interest — Florida has no wholesaler-licensing statute. Confirm simultaneous-closing mechanics and same-day disbursement with your Fort Lauderdale title company and a Florida attorney.
Pricing
Tiered flat fee on the funded amount, collected only at closing:
| Funded Amount | Fee |
|---|---|
| Up to $1,000,000 | 1.25% |
| $1M – $10M | 1.0% |
| $10M+ | Custom |
No upfront or application fees. You pay only if the deal funds and closes.
What you’ll need
- Fully executed A-to-B purchase contract
- Fully executed B-to-C assignment or purchase contract
- Verified end buyer with proof of funds or financing pre-approval
- Same-day closing scheduled for both legs
- A single Fort Lauderdale title company handling both transactions
No credit, income, or tax-return checks. Fort Lauderdale note: on waterfront deals have flood insurance and elevation docs ready; on condos pull the estoppel and assessment disclosures early so the B-C leg isn’t held up.
A typical Fort Lauderdale double close scenario
A wholesaler controls a canal-front 3/2 in the Coral Ridge area at $560,000 (A-to-B) and assigns it to a foreign cash buyer at $625,000 (B-to-C). Both legs close the same morning at an investor-friendly title company near Las Olas. We wire $560,000 to title by 9 AM Eastern; the A-B leg signs, the B-C leg follows, and the buyer’s $625,000 repays our funding at the table. At the up-to-$1M tier the fee is 1.25% of $560,000 — $7,000 — leaving the wholesaler a strong spread with no transactional cash out of pocket.
Apply
Submit both contracts and your end-buyer verification online. Standard turnaround is ~48 hours; same-day wires are possible for complete files received before 11 AM Eastern.
Frequently Asked Questions
Can you double close on a waterfront or canal-front Fort Lauderdale property? +
Yes. We fund A-B-C deals on canal-front and waterfront homes throughout Fort Lauderdale. The funding is the same, but a financed B-C buyer will likely need flood insurance, an elevation certificate and sometimes a seawall inspection — and after the 2023 flooding, lenders scrutinize these closely. That's a diligence timing item. We still wire the A-B leg to title by 9 AM Eastern; just build flood and seawall diligence into the schedule.
How does condo recertification affect a Fort Lauderdale double close? +
On a condo B-C leg it can affect timing. Post-Surfside, Broward buildings under milestone inspection or reserve study may carry pending special assessments, and estoppel letters take time. For a cash B-C buyer — common with foreign capital here — the simultaneous A-B then B-C close still runs the same morning at one title company. Ask title to pull the estoppel and assessment disclosures early.
How fast can you fund a Fort Lauderdale double close? +
About 48 hours from a complete file, and same-day for files in before 11 AM Eastern with both contracts, a verified end buyer, proof of funds and the title commitment. Florida's wet-funding rule means disbursement happens at the table, so a Fort Lauderdale double close can close same-table the same day once both legs are signed.
Apply for Double Close Funding in Fort Lauderdale, FL
Submit your application online — same-day decisions for complete files before 2 PM Eastern.