Stack Funding in Tulsa, OK | Swift Deal Funding
Stack Funding in Tulsa, OK
Stack funding — the Morby Method structure — covers the cash a closing table needs when a seller carries back a note for the buyer’s down payment but title still requires real funds to close. Swift Deal Funding wires that cash at closing; a recorded second-position note then repays our funds plus a flat 2.5%, often the same day through title.
Tulsa is a strong creative-finance market because so much of its housing is older and long-held. A seller sitting on decades of equity in a midtown art-deco home or a north Tulsa rental may happily carry paper instead of taking a full cash-out — and Stack lets a wholesaler structure that deal without bringing the down payment out of pocket.
How a Stack Deal Closes in Tulsa
Oklahoma is a wet-funding, title/escrow state. The seller agrees to a carry-back covering the down payment plus costs, we wire cash at the table, the Tulsa title company disburses and records the carry-back note in second position, and that recorded note repays us plus 2.5% — typically same-day.
Because Stack supports a seller-financed acquisition rather than an assignment, it doesn’t change the analysis under Oklahoma’s 2021 Predatory Real Estate Wholesaler Prevention Act — but your disclosure and any licensing obligations remain yours. Confirm with a Tulsa closing attorney.
Pricing
Flat 2.5% of the funded amount, collected through the closing statement. Nothing upfront.
| Funded amount | Fee |
|---|---|
| $30,000 | $750 |
| $50,000 | $1,250 |
| $70,000 | $1,750 |
What You’ll Need
- Executed purchase contract with seller-financing terms
- Carry-back amount ≥ required down payment + closing costs
- Tulsa title company ready to record the 2nd note immediately after closing
- Written confirmation from title that the note will be recorded as agreed
Local note: keep your seller-finance and disclosure documentation consistent with the Oklahoma wholesaler act, and confirm the recording sequence with your Tulsa closer.
A Typical Tulsa Stack Scenario
You pick up a north Tulsa rental at $172,000 on a subject-to with a $32,000 seller carry-back covering the down payment and costs. Title needs that $32,000 in cash at the table. Stack funds it; the fee is $800. The Tulsa title company closes, records the 2nd note, and that note repays us $32,800 — the seller carries the balance, and you control a cash-flowing rental with no capital out of pocket at closing.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate the carry-back recording with your title company directly.
Frequently Asked Questions
How is the carry-back note recorded in Tulsa? +
Oklahoma is a wet, title/escrow state, so your Tulsa title company records the seller carry-back note in second position immediately after closing funds disburse. We wire the cash the table needs, the deal closes, and that recorded 2nd note repays our funds plus the flat 2.5% — often same-day through title. We require written confirmation from the closer that the note will be recorded as agreed before we fund.
Does Stack funding trigger the Oklahoma wholesaler act? +
Stack supports a seller-financed, Morby-style acquisition rather than the assign-and-market structure the 2021 Predatory Real Estate Wholesaler Prevention Act targets. Your licensing and equitable-interest disclosure obligations still attach to how you control and market the contract, so confirm with a Tulsa closing attorney. Stack itself just supplies the cash the table requires once the seller's carry-back covers the down payment.
What Tulsa deals are a good fit for Stack? +
Subject-to and seller-finance deals where a Tulsa seller — often someone holding equity in an older midtown or north-side home — agrees to carry a note covering the down payment, but title still needs real cash at the table. Stack provides it. With Tulsa's roughly $200,000 median, funded amounts usually run $20,000–$70,000, and the recorded 2nd note repays us plus 2.5% through title.
Apply for Stack Funding in Tulsa, OK
Submit your application online — same-day decisions for complete files before 2 PM Eastern.