Stack Funding in Miami, FL | Swift Deal Funding
Stack (Morby Method) funding in Miami, FL
Stack funding provides the cash needed at the closing table when a seller carry-back note covers the buyer’s down payment but the title company still requires real funds in escrow to close. The recorded second-position seller-carry note repays our funds plus a flat 2.5% — often same-day through title.
Miami is one of the country’s busiest creative-finance markets. Long-time owners sitting on years of appreciation — many in established neighborhoods like Liberty City and Little Havana — are often open to carrying paper rather than taking a full cash-out, especially as cash-buyer competition keeps spreads tight. Stack deals here commonly fund $40,000 to $120,000, with capacity to $10 million per transaction.
How a Stack deal closes in Miami, FL
- Deal structured. The seller agrees to a carry-back note covering the down payment plus closing costs.
- Cash at the table. Under Florida wet-funding, we wire the needed cash to the Miami title company on closing day.
- Closing executes. Title disburses to the seller and records the seller-carry note in second position.
- Note repays. The recorded second note pays back our funds plus 2.5% — typically same-day through title.
Confirm with your Miami title agent that the second-position note will record as agreed, and clear any condo estoppel or assessment issues in advance.
What you’ll need
- Executed purchase contract with seller-financing terms
- Seller carry-back amount large enough to cover the required down payment plus closing costs
- A Miami title company prepared to record the seller-carry second note immediately after closing
- Written confirmation from title that the note will be recorded as agreed
Pricing
Flat 2.5% of the funded amount. No upfront fees. Collected through the closing statement.
| Funded Amount | Fee |
|---|---|
| $50,000 | $1,250 |
| $100,000 | $2,500 |
| $500,000 | $12,500 |
| Up to $10,000,000 | $250,000 |
A typical Miami Stack scenario
An investor buys a duplex in Liberty City for $360,000 with the seller carrying a $72,000 second to cover the down payment, but the senior lender needs that down payment as verified funds at closing. Stack wires the $72,000 to the title company on closing day. Title disburses to the seller, records our second-position note, and the note repays $73,800 ($72,000 + 2.5%) — typically same-day. The buyer closes with little of their own cash in the deal.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate directly with your Miami title company on the carry-back recording.
Frequently Asked Questions
Does Stack work for subject-to and seller-carry deals in Miami? +
Yes — that's exactly its use case. When a Miami seller carries back financing that covers the buyer's down payment but title still needs real funds in escrow to close, Stack provides the cash at the table. A recorded second-position note repays us plus a flat 2.5%, typically same-day through the title company. It's common on Miami creative-finance deals where a long-time owner with equity prefers a note over a full cash-out.
Can I use Stack on a Miami condo with a seller carry? +
You can, but the condo association layer matters. The seller's carry-back and our recorded second note still close at a Florida title company under wet-funding rules, but estoppel letters, milestone-inspection status and any special assessments need to be cleared so title can record cleanly. Confirm with your title agent that the second-position note can be recorded immediately after closing on that specific building.
How is Stack different from Echo in Miami? +
Both put cash on the table. Echo is repaid from seller proceeds — your assignment fee — at closing. Stack is repaid by a recorded seller-carry second note after closing. In Miami, choose Echo for clean assignment deals with a strong fee, and Stack when the seller is financing the deal and a carry-back covers what would otherwise be the buyer's down payment.
Apply for Stack Funding in Miami, FL
Submit your application online — same-day decisions for complete files before 2 PM Eastern.