A double closing is two back-to-back real estate transactions on the same day: you buy the property from the seller (the A→B leg), then immediately resell it to your end buyer (the B→C leg). Transactional funding supplies 100% of the A→B purchase price, and is repaid out of your end buyer’s funds at the B→C closing hours later. You take real title in between — which is what separates a double close from a contract assignment.
The seven steps, start to finish
- Get both contracts signed.Your purchase contract with the seller (A→B) and your sale contract with the end buyer (B→C), both naming the same closing date.
- Submit the deal file.Send both contracts, your end buyer’s proof of funds or lender clear-to-close, and the title company’s contact info through the form on our homepage.
- Receive written terms.We review the file and reply by email with a written quote — the exact flat fee for your deal. Nothing is owed and nothing is binding until you accept in writing.
- We verify the end buyer’s funds.Before any wire moves, we confirm with the closing agent that your end buyer’s funds are deposited in escrow, or that their lender is clear to close. This step protects the whole chain — including you.
- We send closing instructions and wire the A→B funds.Our instructions to the title company govern how funds disburse. Our wire covers your full purchase price at the A→B closing; a lien is recorded and released the same day at payoff.
- The B→C closing repays the funding.Your end buyer closes. Our principal plus the quoted fee come off the B→C settlement statement.
- You’re paid at the table.Your spread — the difference between the two prices, minus the funding fee and closing costs — disburses to you from the B→C closing. Same day, no capital of yours ever deployed.
Why the two requirements exist
Same day, same title company isn’t red tape — it’s what makes the product nearly riskless, which is why it can be priced as a small flat fee instead of hard-money interest. One escrow office controlling both settlement statements means the repayment happens mechanically at the closing table, not on trust. If your timeline has a gap between the two legs, ask about extended transactional funding when you submit — it’s a different product we price separately.
Need to show a seller or agent you can close cash first? Start with a proof of funds letter — then submit the full file once your B→C buyer is under contract.