Stack Funding in West Virginia | Swift Deal Funding
Stack (Morby Method) funding in West Virginia
Stack funding supplies the cash a West Virginia closing needs when a seller carry-back note covers the buyer’s down payment but the closing attorney still requires real funds to close. We provide that cash at the attorney’s closing, and a recorded second-position note then returns our principal plus a flat 2.5%. Funded amounts in West Virginia typically run $15,000 to $50,000, in line with the state’s affordable price points, with capacity to $10 million per transaction. It’s the financing layer behind Morby Method creative-finance deals statewide.
West Virginia is full of long-held, low-basis properties — inherited family homes, longtime rentals around Charleston and Huntington, and aging stock in the coalfield and Panhandle counties. Owners sitting on substantial equity are often happy to carry a note for steady interest rather than take a small cash payout, which is precisely the seller profile Stack is built around.
How a Stack deal closes in West Virginia
West Virginia is an attorney-closing, wet-funding state, which keeps Stack clean. A licensed West Virginia attorney conducts the settlement and disburses against our wire at the table. The seller takes back a note covering the down payment plus costs; we fund the cash the closing requires; the attorney disburses to the seller and records the carry-back note in second position; that note then repays us our principal plus 2.5%, usually the same day out of the attorney’s trust account. Confirm the recording position with your closing attorney, since county recording timelines vary.
Pricing for Stack in West Virginia
Flat 2.5% of the funded amount, collected on the settlement statement. No upfront fee.
| Funded Amount | Fee | Example |
|---|---|---|
| $50,000 | 2.5% | $1,250 |
| $100,000 | 2.5% | $2,500 |
| $500,000 | 2.5% | $12,500 |
| Up to $10,000,000 | 2.5% | $250,000 |
What you’ll need for Stack in West Virginia
- Executed purchase contract with seller-financing terms
- A carry-back amount at least covering the required down payment plus closing costs
- A West Virginia closing attorney ready to record the second-position note as part of the closing
- Written confirmation from the attorney that the note will record in the agreed position
A typical West Virginia Stack scenario
An investor structures a subject-to purchase of a Huntington rental at $110,000. The seller carries a $20,000 note covering the down payment and costs, but the closing attorney needs $20,000 to close. We wire the $20,000; the attorney disburses and records the seller’s second-position note; that note repays us $20,500 (principal plus 2.5%) the same day through trust. The investor closes the creative-finance deal without committing their own capital.
Apply for Stack funding in West Virginia
Submit your contract and seller-financing terms online. We coordinate the carry-back recording directly with your closing attorney.
Frequently Asked Questions
Who records the second note on a West Virginia Stack deal? +
Your West Virginia closing attorney records the seller carry-back note in second position as part of the settlement. West Virginia is an attorney-closing, wet-funding state, so the attorney disburses against our wire at the table and handles recording the second-position note. That recorded note repays us — principal plus a flat 2.5% — typically the same day through the attorney's trust account. County recording timelines vary, so confirm with your attorney that the note will record in the agreed position.
Does Stack work for subject-to deals in West Virginia? +
Yes. Subject-to and other seller-financed structures are exactly where Stack fits. When a West Virginia seller carries back a note covering what would be the buyer's down payment, the closing attorney still needs real funds to close. We supply that cash at the table, and the recorded carry-back note repays us. With many long-held, low-basis properties in the state, equity-rich sellers willing to carry paper are common. Bring the seller-financing terms in your contract and confirm the recording plan with your attorney.
Stack or Echo for a West Virginia investor? +
Choose Stack when the deal uses seller financing — a carry-back note covers the down payment and your closing attorney records it to repay us. Choose Echo for a straight assignment, where your fee repays us directly with no note to record. If your West Virginia deal is a seller-carry, owner-finance, or subject-to structure, Stack is the right tool. Both put cash on the closing table; only Stack involves recording a second-position note.
Apply for Stack Funding in West Virginia
Submit your application online — same-day decisions for complete files before 2 PM Eastern.