Double Close Funding in Lexington, KY | Swift Deal Funding
Double Close Funding in Lexington, KY
Double close funding lets Lexington wholesalers take title on the A-to-B leg and resell to the end buyer on the B-to-C leg the same day, keeping the spread off any assignment. Swift Deal Funding is a direct lender — the capital that closes your purchase comes from us and is repaid from the end buyer’s proceeds the same afternoon.
Lexington is the heart of the Bluegrass: horse-country surroundings, a steady University of Kentucky rental base, and a relatively healthy metro median near $280,000. Investor demand runs strong on student-adjacent rentals near campus and on infill near downtown, and many deals are won on a quiet double close where neither party sees the other’s number. We routinely fund $175,000 to $475,000 here, with capacity well into eight figures per transaction.
How a Double Close Closes in Lexington
Kentucky is an attorney-closing, wet-funding state. A licensed Kentucky attorney conducts your closing and issues the title opinion — the key contrast with Missouri, where a title company can close on its own. For a double close, that attorney handles both legs and the connecting title work, and recordable funds must sit in escrow before the deeds record.
The flow: your attorney completes the title opinion on both contracts, our transactional funds reach escrow by 9 AM Eastern, the A-to-B leg closes and records, the B-to-C leg records immediately after, and our advance plus fee is repaid from the end buyer’s proceeds the same day. Give your Lexington attorney lead time on the title search and confirm back-to-back recording locally.
Pricing
Tiered flat fee on the funded amount, collected on the settlement statement — no upfront or application costs:
| Funded Amount | Fee |
|---|---|
| Up to $1,000,000 | 1.25% |
| $1,000,000 – $10,000,000 | 1.0% |
| $10,000,000+ | Custom |
A $300,000 Lexington double close runs $3,750. 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 contract showing the end buyer
- Verified end buyer with proof of funds or financing pre-approval
- Same-day closing scheduled on both legs
- A single Kentucky closing attorney handling both transactions and the title opinion
Local note: line up a Lexington real estate attorney experienced with same-day double closings and give them early notice on title — especially on older or rural-fringe parcels. No credit check, no income docs, no tax returns.
A Typical Lexington Double Close Scenario
You lock a tired ranch near the UK campus at $185,000 (A-to-B) and have a buy-and-hold investor chasing student-rental cash flow at $235,000 (B-to-C). Rather than assign and reveal your $50,000 spread, you double close. Your Kentucky attorney clears title on both legs; we wire $185,000 to escrow by 9 AM; the A-to-B records, the B-to-C records minutes later, and the attorney repays our $185,000 plus the 1.25% fee ($2,313) from the buyer’s funds. You net about $47,700 the same day.
Apply
Upload both contracts and end-buyer verification online — under 10 minutes. Submit before 11 AM Eastern for a shot at same-day wiring to your Lexington closing attorney.
Frequently Asked Questions
Who closes a double close in Lexington, KY? +
Kentucky is an attorney-closing state, so a licensed Kentucky attorney conducts your Lexington closing and issues the title opinion — a title company does not close on its own here. For a double close, that Bluegrass-area attorney handles both the A-to-B and B-to-C legs and the connecting title work. Kentucky is also a wet-funding state, so recordable funds must be in escrow first, which is why we wire by 9 AM. Choose an attorney comfortable with same-day back-to-back closings.
How fast can you fund a double close in Lexington, KY? +
About 48 hours from a complete file to wire-ready, and same-day when both contracts, a verified end buyer, and the title work are in before 11 AM Eastern. We wire transactional capital to your Lexington closing attorney's escrow by 9 AM so the legs record back-to-back. Because a Kentucky attorney must finish the title opinion, give the closer early notice on the title search — properties near UK or out in horse-country fringes can carry longer chains of title.
Is a wholesaler license required to double close in Lexington, KY? +
Kentucky has no dedicated wholesaler license, so you do not need special licensing to double close in Lexington — confirm your structure with your closing attorney. In a true double close you take title on the A-to-B leg and resell on B-to-C, keeping your spread off the assignment. We fund the middle leg and are repaid from the end buyer's proceeds the same day. We review the deal documents, not your credit, income, or tax returns.
Apply for Double Close Funding in Lexington, KY
Submit your application online — same-day decisions for complete files before 2 PM Eastern.