Double Close Funding in Raleigh, NC | Swift Deal Funding
Double Close Funding in Raleigh, NC
Double close funding lets a Raleigh wholesaler purchase from the seller (A→B) and resell to the end buyer (B→C) the same day, through one attorney, without committing your own capital to the A-B leg. We fund the purchase and are repaid from the end-buyer’s proceeds when B-C closes.
Raleigh sits at the heart of the Research Triangle, where NC State, the Research Triangle Park, and a steady stream of tech and pharma jobs pull in educated, well-qualified buyers. That demand has lifted the median toward ~$430K and keeps deal velocity high. Wholesale activity clusters in revitalizing Southeast Raleigh and around historic districts like Oakwood, where older homes change hands quickly. Typical Raleigh double closes we fund run $150,000–$500,000, with capacity up to $100M+ per transaction.
How Double Close closes in Raleigh (NC attorney-must-close)
North Carolina is a wet-funding, attorney-closing state: a licensed NC attorney supervises the closing and disburses funds, with money in the trust account before the deed records. For a productive double close, both the A-B and B-C legs run through the same Raleigh-area closing attorney on the same day. We wire to the trust account by 9 AM Eastern; A-B records first, B-C follows, and our funds are repaid from the end-buyer’s proceeds within the same business day. Confirm same-day disbursement with your specific firm.
Pricing
Tiered flat fee, collected on the closing statement — no upfront or application cost:
| Funded Amount | Fee Rate | Example |
|---|---|---|
| Up to $1,000,000 | 1.25% | $350K deal = $4,375 |
| $1M – $10M | 1.0% | $2.5M deal = $25,000 |
| $10M+ | Custom | Contact for structure |
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 a financing pre-approval letter
- Same-day closing scheduled for both legs
- A single licensed NC closing attorney handling both transactions (required in North Carolina)
We’re a direct lender: no credit check, no income verification, no tax returns.
A typical Raleigh double close scenario
You contract a brick bungalow near Oakwood at $300,000 and resell to a fix-and-hold investor at $345,000 — a buyer who, like many in the Triangle, has financing locked in fast. Rather than float $300,000, you have us fund the A-B purchase into your NC attorney’s trust account. A-B records that morning, B-C records right after at $345,000, our $300,000 is repaid from the buyer’s wire, and our fee at the ≤$1M tier is $3,750 (1.25%). You keep the ~$45,000 spread less closing costs, capital untouched.
Apply
Submit both contracts and your end-buyer verification online. Standard turnaround is ~48 hours to wire-ready; same-day is possible for complete files before 11 AM Eastern.
Frequently Asked Questions
Does the Research Triangle's quick buyer pool help a Raleigh double close? +
It does. Triangle tech and university hiring keeps a deep pool of qualified end buyers, so the B-C leg of a Raleigh double close tends to be well-funded and fast. Both legs run through a single licensed NC closing attorney, which keeps everything in one office on closing day. We wire to that attorney's trust account by 9 AM Eastern; confirm the firm's same-day disbursement policy locally before scheduling.
Why does North Carolina require an attorney instead of a title company for my Raleigh closing? +
North Carolina is an attorney-closing state: a licensed NC attorney must supervise the closing and disburse from the trust account. For a double close that's actually an advantage, because the same Raleigh-area attorney handles your A-B and B-C legs sequentially the same day. We fund the A-B purchase into the trust account; our money is repaid from the end-buyer's proceeds when B-C records.
Do I need a license to double close in Raleigh? +
No. North Carolina doesn't require a separate wholesaler license to assign or double close. The closing must be handled by a licensed NC attorney, but your eligibility for funding rests on the deal documents — both contracts and a verified end buyer — not licensing. We're a direct lender and never check credit, income, or tax returns on Raleigh deals.
Apply for Double Close Funding in Raleigh, NC
Submit your application online — same-day decisions for complete files before 2 PM Eastern.