Transactional Funding for Wholesalers: Cost, Providers, and How Same-Day Double Closes Get Funded

What Transactional Funding Pays For

A double close is two separate transactions: the wholesaler buys the property (A-to-B), then immediately resells it to the end buyer (B-to-C). Transactional funding is the short-term capital that covers the A-to-B purchase for the hours or single day between the two closings, repaid the instant the B-to-C sale funds.

It exists specifically because most wholesalers do not have $150,000 or $300,000 sitting in an account to buy a house they are about to resell within the same business day, and a traditional mortgage lender is not built to underwrite a loan that will be paid off before the ink dries.

What DoubleClose.com Charges

DoubleClose.com, a primary transactional-funding provider, prices its product at 1% of the A-to-B transaction amount for deals between $75,000 and $1,000,000. On a $150,000 A-to-B purchase, that is a $1,500 fee. Below the $75,000 threshold, the pricing switches to a flat $750 fee rather than a percentage, and deals over $1,000,000 are priced individually rather than off the published schedule.

No personal credit check, bank statements, or tax returns are required to qualify, since the underwriting is based on the deal itself, the spread between the A-to-B and B-to-C prices, rather than the wholesaler’s personal financial history.

The Two Conditions That Make or Break the Funding

Same-day transactional funding has two hard requirements, and missing either one disqualifies the deal from this specific funding product. Both the A-to-B and B-to-C transactions must close and fund on the same day, and both must close through the same title company.

A deal where the B-to-C side is scheduled for the next morning, or where the buyer’s side is closing at a different title company than the wholesaler’s purchase, does not qualify for same-day transactional funding as structured, regardless of how strong the deal’s spread looks on paper.

How Pricing Compares Across the Market

DoubleClose.com’s 1% pricing sits inside the broader market range: transactional funding fees generally run 1% to 2% of the loan balance across providers, with some providers able to fund deals up to $3 million on as little as two hours’ notice.

A wholesaler shopping this before a big deal should treat 1% as a competitive, not exceptional, rate, and use the 2% ceiling as the number to negotiate against rather than accept without checking a second provider first.

Deciding When the Fee Is Worth It

Run the fee against the assignment spread before committing. On a $200,000 A-to-B purchase at DoubleClose.com’s 1% rate, the fee is $2,000. If the spread between the A-to-B and B-to-C price is $15,000, that fee is roughly 13% of the profit, a real but manageable cost of doing the deal without tying up personal cash.

On a $60,000 A-to-B deal, the flat $750 fee applies instead of a percentage, which is proportionally more expensive on a small deal, roughly 1.25% of that $60,000 purchase, and worth comparing against a hard-money or private-money alternative if the wholesaler has one available. The math changes with deal size; check both the percentage and flat-fee thresholds against the actual purchase price before assuming which one applies.

Sources

The external data in this guide draws on the sources below. Figures described in the text as estimates or industry triangulations are directional and are not attributed to a single dataset.

• DoubleClose.com, "How It Works"
• RealEstateBees, "Finding Fast Transactional Funding to Double Close"

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