Stack Funding in Milwaukee, WI | Swift Deal Funding
Stack Funding (Morby Method) in Milwaukee, WI
Stack funding provides the cash a deal needs at the closing table when a seller carry-back note covers the buyer’s down payment — but title still requires real money in escrow to close. We wire that cash; the recorded seller-carry second-position note repays us plus a flat 2.5% fee, often the same day through the title company.
Milwaukee’s affordable duplexes and two-flats (median ~$200K) mean many longtime owners — across Bronzeville, Riverwest, and Bay View — hold real equity in small-multifamily property and sometimes prefer carrying a note over a full cash-out, especially on inherited or long-held buildings. That’s the setup for subject-to and owner-finance deals where Stack supplies the closing-table cash. The local wrinkle is Wisconsin’s marital-property law: both spouses typically must sign the carry-back documents, or the recorded note can be clouded. Typical Milwaukee Stack amounts run $25,000–$90,000, with capacity up to $10M.
How a Stack deal closes in Milwaukee
Wisconsin is a wet-funding state that closes through title companies, and those offices handle recording. For Stack, the title company records the seller carry-back note in second position immediately after closing; the recorded note then repays our funds plus the 2.5% fee — typically same-day. We wire by 9 AM Eastern; standard turnaround is ~48 hours from a complete file. Because Wisconsin is a marital-property state, confirm with your Milwaukee title company that a married seller’s spouse will sign the carry-back documents — a missed signature can cloud the recorded second note and threaten repayment.
Pricing
Flat 2.5% of funded amount, no upfront fees, collected on the closing statement:
| Funded Amount | Fee | Example |
|---|---|---|
| $50,000 | 2.5% flat | $1,250 |
| $100,000 | 2.5% flat | $2,500 |
| $500,000 | 2.5% flat | $12,500 |
| Up to $10,000,000 | 2.5% flat | $250,000 |
What you’ll need
- Executed purchase contract with seller-financing terms (WB-11 with applicable addenda)
- A seller carry-back large enough to cover the required down payment plus closing costs
- A Milwaukee title company ready to record the second-position note immediately after closing
- Written confirmation from that title company that the note will be recorded as agreed — with both spouses signing if the seller is married
No credit check, no income verification, no tax returns.
A typical Milwaukee Stack scenario
An owner who inherited a Bronzeville two-flat free and clear agrees to owner-finance at $215,000 and carries back a note covering your $32,000 down payment and costs. Title still needs that cash in escrow to close. Stack wires the ~$32,000 to the Milwaukee title company; the married seller and spouse both sign the carry-back documents so the recorded note is clean, the closing executes, and the office records the carry-back in second position. That note repays our funds plus the 2.5% fee ($800) — typically same-day. You acquire the building without bringing the down payment out of pocket.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate with your Milwaukee title company on the carry-back recording.
Frequently Asked Questions
Will a Milwaukee title company record the seller carry-back note for my Stack deal? +
Yes — Wisconsin closes through title companies, so the title office handles the closing and recording. For Stack, that Milwaukee title company records the seller's carry-back note in second position right after closing, and the recorded note repays our funds plus the flat 2.5% fee — typically same-day. We need written confirmation they'll record the second note as structured before we fund. Because Wisconsin is a marital-property state, confirm both spouses sign the carry-back documents — a missing signature can cloud the recorded note.
How does Wisconsin marital property affect a Milwaukee Stack deal? +
It matters at recording. Wisconsin is a marital-property state, so a married seller's spouse typically must sign the deed and the carry-back financing documents. If the spouse doesn't sign, the recorded second-position note can be clouded, which threatens our repayment. We need the title company to confirm both spouses will sign before we fund the closing-table cash. The mechanics are otherwise standard: we wire the down payment, the note is recorded, and it repays us plus 2.5%.
Why use Stack instead of Echo on a Milwaukee deal? +
Use Stack when seller financing is part of the structure — a Milwaukee seller carrying back a note that covers the buyer's down payment. Echo, by contrast, funds a down payment repaid from your assignment fee with no carry-back. Owners of long-held duplexes and two-flats in Bronzeville or Bay View are sometimes open to carrying paper, which fits subject-to and owner-finance deals. Just confirm the seller's spouse signs the carry-back, given Wisconsin's marital-property rules.
Apply for Stack Funding in Milwaukee, WI
Submit your application online — same-day decisions for complete files before 2 PM Eastern.