Double Close Funding in Pittsburgh, PA | Swift Deal Funding
Double Close Funding in Pittsburgh, PA
A double close lets a Pittsburgh wholesaler buy from the seller (A-to-B) and resell to the end buyer (B-to-C) the same day, through one settlement agent, without revealing your spread. Swift Deal Funding is a direct lender that wires the A-to-C capital so both legs fund cleanly. Pittsburgh’s median sale prices sit near $240,000, so this usually means funding mid-five-figure to low-six-figure purchases on streets in Lawrenceville, Brookline, and the Hill District — though our capacity runs to $10M+ on larger deals.
No credit pull, no income docs, no tax returns. We underwrite the executed contracts and a clean title.
How Double Close closes in Pittsburgh
Pennsylvania is a wet-funding state, so money must be in escrow before closing — we wire to your settlement agent by 9 AM Eastern on closing day. Closings run through a title company or a closing attorney, and the double close requires a single one of them handling both legs.
Pittsburgh’s local realities are physical, not regulatory. The terrain is famously steep and landslide-prone, and much of the inventory is old — slate roofs, century-plus rowhouses and four-squares climbing the hillsides. That can surface slope easements, right-of-way questions, and dated title chains that slow a settlement agent, so open the title commitment early. On wholesaling rules: the Philadelphia wholesaler-license ordinance does not reach Pittsburgh, but Pennsylvania has tightened licensing statewide, which is your compliance responsibility. Standard turnaround is about 48 hours from a complete file; same-day is possible before 11 AM ET. Confirm specifics with a local Pennsylvania closing professional.
Pricing
Tiered flat fee on the funded amount, collected on the settlement sheet — nothing upfront:
| Funded Amount | Fee Rate |
|---|---|
| Up to $1,000,000 | 1.25% |
| $1M – $10M | 1.0% |
| $10M+ | Custom |
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
- Same-day closing scheduled for both legs
- A single Pennsylvania title company or closing attorney handling both legs
Pittsburgh note: have the title agent flag hillside easements or slope-related title exceptions early, and confirm your statewide wholesaling-compliance status.
A typical Pittsburgh double close scenario
You tie up a Brookline brick four-square at $160,000 (A-to-B) and have an end buyer at $188,000 (B-to-C), same-day at one Allegheny County title company. We wire the $160,000 for the A leg by 9 AM. The B-to-C closes minutes later; the title company repays our $160,000 from the end buyer’s proceeds and remits our 1.25% fee ($2,000) off the settlement statement. Your spread before costs is about $28,000 — and your buyer never sees the A-side price.
Apply
Send your two contracts and end-buyer verification through the online application. Most files are wire-ready in about 48 hours; submit before 11 AM ET for same-day consideration.
Frequently Asked Questions
How do Pittsburgh's hillside lots and old housing stock affect a double close? +
They affect title and inspection, not our funding mechanics. Pittsburgh's steep, landslide-prone hillsides and century-old slate-roof stock in areas like the Hill District can mean slope easements, right-of-way questions, and dated title work that slow the settlement agent. We still fund A-to-C in about 48 hours once your file is complete, but open the title commitment early so those clouds clear before closing. We wire to the single Pennsylvania title agent or attorney by 9 AM.
Can one settlement agent run both legs of a Pittsburgh double close? +
Yes, and our product requires it. Pennsylvania is a wet-funding state where closings go through a title company or a closing attorney, and the double close needs one of them handling both the A-to-B and B-to-C legs on the same day. That keeps the chain clean and lets our funds repay from end-buyer proceeds at the same table. Many Allegheny County title shops double-close routinely — confirm yours is comfortable before scheduling.
Do Pennsylvania wholesaling rules affect a Pittsburgh double close? +
Pennsylvania has moved to regulate wholesaling activity statewide, so the licensing and disclosure picture has tightened. The Philadelphia-specific wholesaler ordinance does not apply in Pittsburgh, but state-level rules can. Swift Deal Funding provides the A-to-C capital; your licensing and disclosure compliance is your responsibility. Confirm your current obligations with a Pennsylvania closing professional before you contract.
Apply for Double Close Funding in Pittsburgh, PA
Submit your application online — same-day decisions for complete files before 2 PM Eastern.