Double Close Funding in Oregon | Swift Deal Funding
Double Close Funding in Oregon
Double close funding lets an Oregon wholesaler buy from the seller (A→B) and resell to the end buyer (B→C) on the same day at one escrow company, using our capital for the A→B leg so none of your own cash is in the deal. Around Portland, where most of the state’s investor activity sits, funded amounts commonly run $200,000 to $600,000, reflecting higher Pacific Northwest price points, with single-transaction capacity past $10 million.
What sets Oregon apart from most double-close markets is that it’s a dry-funding state. In wet states, money has to be sitting in escrow before a deed can record. In Oregon, the deed can record before disbursement is finalized. That gives your escrow officer a different lever to pull on a same-day double close, and it’s why coordinating the exact record-then-fund sequence matters more here than almost anywhere else.
How a double close closes in Oregon
Because Oregon allows recording ahead of final funding, your escrow company can sequence both legs without the rigid wire-before-record timing of a wet state. In practice: we wire our A→B capital to your Oregon escrow company on the agreed schedule, the A→B deed records, the B→C deed records, and our funds are repaid from the end buyer’s proceeds — all on the same business day. Oregon closes through title/escrow, not a mandated attorney, so your escrow officer is the single party controlling the chain. We confirm their exact recording-and-funding order before approval, since dry-state timing varies by company.
A bonus on the cost side: Oregon has no state sales tax, so your settlement statement is free of a sales-tax line. The economics come down to the A→B/B→C spread, standard escrow and recording fees, and our flat funding fee.
Pricing
Tiered flat fee on the funded A→B amount, collected on the closing statement. No upfront or application fees.
| Funded Amount | Fee Rate | Example |
|---|---|---|
| Up to $1,000,000 | 1.25% | $400K deal = $5,000 |
| $1M – $10M | 1.0% | $2.5M deal = $25,000 |
| $10M+ | Custom | Contact us |
You pay only if the deal funds and closes.
What you’ll need
- Executed A→B purchase contract (seller to you)
- Executed B→C assignment or purchase contract (you to end buyer)
- Verified end buyer with proof of funds or financing pre-approval
- Same-day closing scheduled on both legs
- One Oregon escrow company handling both transactions
No credit check, no income docs, no tax returns — we’re a direct lender underwriting on the deal documents.
A typical Oregon double-close scenario
A Portland wholesaler locks a duplex at $420,000 and has a buy-and-hold investor at $465,000. To stay a clean principal on resale, they double close. We fund the $420,000 A→B leg. The Portland escrow company, working its dry-state sequence, records the A→B deed, then the B→C deed; the investor’s $465,000 repays our capital plus the 1.25% fee ($5,250). The wholesaler nets roughly $39,750, with no sales tax on the statement and no personal cash in the transaction.
Apply
Send both contracts and your end-buyer verification online — under ten minutes. Standard turnaround is about 48 hours to wire-ready; same-day is possible for complete files in before 11 AM Eastern (set against your Pacific-time escrow window).
Frequently Asked Questions
Oregon is a dry-funding state — how does that change a double close? +
In Oregon, documents can record before the disbursement of funds is finalized, unlike wet states where money must be in escrow first. For a same-day double close that means the escrow team controls a record-then-fund sequence across both legs. We work to your Oregon escrow officer's exact timeline and wire so the A-to-B and B-to-C legs settle on the same business day. Confirm the precise recording-and-funding order with your escrow company up front.
Does Oregon require an attorney to close a double-close deal? +
No. Oregon closes through title and escrow companies rather than a mandated closing attorney. Your escrow officer manages both legs of the double close, the chain of funds, and the recording order. We require that one escrow company handle both the A-to-B and B-to-C transactions so a single party controls the sequence. You're welcome to involve an attorney, but it isn't legally required for an Oregon closing.
Do I owe sales tax on a double-close deal in Oregon? +
Oregon has no state sales tax, so there's no sales-tax line on your closing costs the way you'd see in some states. Your double-close economics come down to the spread between the A-to-B and B-to-C prices, normal escrow and recording fees, and our flat funding fee. That clean cost picture is one reason Portland-area double closes pencil out predictably. Always review the actual settlement statement with your escrow officer.
Apply for Double Close Funding in Oregon
Submit your application online — same-day decisions for complete files before 2 PM Eastern.