Double Close Funding in Hawaii | Swift Deal Funding
Double Close funding in Hawaii
Double close funding lets a Hawaii wholesaler buy from the seller (A-to-B) and resell to the end buyer (B-to-C) on the same day, through one escrow company, without using their own capital for the middle leg. Swift Deal Funding wires the cash that closes the A-B side, then recovers it from the C-buyer’s proceeds.
Hawaii is a thin but high-dollar wholesale market. Transaction volume is low and inventory is tight, but median prices on Oahu routinely clear seven figures, so a single assignment spread can be substantial. Most activity concentrates in Honolulu, with smaller pockets in Hilo, Kahului, and Kona. Funded amounts here commonly run $60,000–$200,000 on smaller deals, though multifamily and commercial transactions push well higher, and our capacity reaches $100,000,000+ per deal.
How a double close closes in Hawaii
Hawaii is a dry-funding state. That is the single most important closing fact for double-close timing here. Escrow does not release money at the table; funds disburse only after the deed records with the Bureau of Conveyances (Hawaii’s centralized statewide recording office). In practice that means your A-B-C sequence still happens in one day, but our repayment from the C-buyer’s side settles after recording confirms, not the instant documents are signed.
Hawaii closes through escrow/title companies, not closing attorneys, which keeps the single-agent requirement straightforward — one escrow officer can run both legs. Inter-island deals (a Maui property handled by an Oahu escrow branch, for example) can add a day of document handling. Confirm the recording cutoff and disbursement order with your specific Hawaii escrow company and, for any equitable-interest or assignment questions, a local real-estate attorney.
Pricing
Tiered flat fee on the funded amount, collected on the closing statement, nothing upfront:
| Funded amount | Fee |
|---|---|
| Up to $1,000,000 | 1.25% |
| $1M – $10M | 1.0% |
| Above $10M | Custom |
You pay only if the deal funds and closes.
What you’ll need
- Executed A-to-B purchase contract on the Hawaii property
- Executed B-to-C resale or assignment to your end buyer
- A qualified end buyer with proof of funds or financing pre-approval
- Both legs set to close the same day through one escrow officer
- A single Hawaii escrow company coordinating both islands’ paperwork if needed
No credit pull, no income docs, no tax returns. Local note: ask your escrow officer to confirm the Bureau of Conveyances recording window for your closing date so both legs land before cutoff.
A typical Hawaii double close scenario
You tie up a Kalihi (Honolulu) duplex at $720,000 and assign it to a local buy-and-hold investor for $760,000. The C-buyer’s lender will not let their funds touch your A-B purchase, so you double close. We wire the $720,000 to your Honolulu escrow company by 9 AM Eastern. The A-B deed records, then B-C records; once the Bureau of Conveyances confirms, escrow disburses and repays our $720,000 plus the 1.25% fee ($9,000) from the C-side. Your spread nets out around $31,000 after fees.
Apply
Send your two contracts and end-buyer verification through the online form. Standard turnaround is about 48 hours to wire-ready; same-day is possible for complete files in before 11 AM Eastern.
Frequently Asked Questions
Does Hawaii's dry-funding rule break a same-day double close? +
No, but it changes the choreography. Hawaii is a dry-funding state, so escrow disburses only after the deed records with the Bureau of Conveyances rather than at the signing table. We fund both legs of your A-B-C close as scheduled; the recording-then-disbursement sequence simply means our repayment from the C-buyer proceeds may settle a few hours behind a wet-state close. Confirm the exact recording cutoff with your Hawaii escrow company, since neighbor-island recordings can run on a different clock than Honolulu.
Can you fund a double close on a neighbor island like Maui or the Big Island? +
Yes. We fund double closes statewide, including Maui, Hawaii Island, and Kauai. The main practical difference is escrow logistics: a single Hawaii escrow company must handle both the A-B and B-C legs, and inter-island document handling can add a day. We wire to your escrow agent by 9 AM Eastern on closing day so funds are positioned regardless of which island the property sits on.
What is the fee on a high-priced Hawaii double close? +
Our fee is tiered by funded amount, not by property location. Deals funded up to $1,000,000 are 1.25%, $1M to $10M are 1.0%, and anything above $10M is custom-quoted. Because Hawaii prices skew high, many residential double closes here land in the seven-figure range where the 1.0% tier applies. There is no upfront or application fee; the fee is collected on the closing statement only if the deal funds.
Apply for Double Close Funding in Hawaii
Submit your application online — same-day decisions for complete files before 2 PM Eastern.