We connect you with transactional funding for the purchase side of your deal so you can take title and resell the same day. Your seller sees a clean cash purchase, your buyer sees a normal sale, and your wholesale spread stays between the two closing statements instead of on an assignment contract.
Wholesale Double Close Fundingin Chillum, Maryland
Chillum sits right on the District line, and that location is its whole story. The 1940s through 1960s ramblers, Cape Cods and brick colonials along Riggs Road and East-West Highway are minutes from the Fort Totten Metro, at prices a fraction of what similar homes cost a mile south in DC. Renovated homes here sell to buyers who want the shortest possible commute at the lowest possible price, and that demand keeps Chillum's older stock moving. DMV Wholesale Double Close connects you with transactional funding for Chillum deals. You take title with the funder's money, resell to your end buyer the same day, and your spread stays off a single assignment contract. Submit your Chillum deal through the form and funding can be ready in as little as 24 hours.
Submit your Chillum deal
Tell us what you have under contract. We'll review it and get back to you.
Deal Received
We have your Chillum deal and will review the numbers. Watch your phone and email for a response.
Clear fees. No surprises.
Fees are flat and published so you can underwrite the funding cost into your offer before you tie up the property. The math behind each line is on the transactional funding fees page.
| Funding Amount | Fee or Detail |
|---|---|
| Up to $500K | 1% ($1,000 minimum) |
| $500K to $1M | 1.25% |
| $1M to $1.5M | 1.50% |
| Additional days | 0.2% per day |
| Two title or closing companies | 1.75% |
| Funding over $1M | Longer due diligence |
| Morby Method | Fees paid upfront via Zelle or wire |
| Additional paperwork or special terms | 1.75% or a per-document fee at our team's discretion |
How double closings work in Chillum
Maryland closings can be handled by a title company or a closing attorney, and most investor files close with the title company the end buyer already uses. State and county transfer and recordation taxes apply on each side of a double closing, and Prince George's County has its own county rate, so the contract should allocate those costs clearly. Chillum files record in Prince George's County. The closing team can confirm the numbers on your deal.
Why Chillum wholesalers use us
Chillum is a location arbitrage market: buyers compare every renovated listing against DC prices a mile away. Flip buyers work that spread constantly, and a double closing lets you work it too, with no capital of your own sitting in the deal.
The fee schedule is published on this page and stays flat across every city and county in the DMV. You can underwrite the funding cost into your offer before you tie up the property, and there are no surprise charges at the closing table.
Three steps from contract to close
Both transactions typically run through the same title company or closing office. Read how double closing works in the DMV, or see the double close vs assignment comparison.
- 1
Submit your deal
Send the property address, your contract price, the resale price, and the closing office handling the file. Chillum ramblers, Cape Cods and colonials all fit the same form.
- 2
We review the numbers
The purchase, the resale, and the paperwork get reviewed with the closing office. Questions get answered before closing day, not at the table.
- 3
Funding closes your purchase
On closing day the funds for your purchase side are wired. Your resale closes right after, the funds and fee come out of the proceeds, and the spread is yours.
Questions wholesalers ask
Do you fund double closings in Chillum?
Yes. Deals across Chillum fit, from the streets along Riggs Road and East-West Highway to the neighborhoods near the Fort Totten Metro. The area's postwar single family stock is exactly what end buyers pursue here.
What kinds of Chillum properties work for a double closing?
Most Chillum wholesale deals are 1940s through 1960s ramblers, Cape Cods and brick colonials with dated interiors. Renovated versions sell to buyers comparing against DC prices, which keeps the resale side of a double closing moving.
What is a double closing?
A double closing is two back to back transactions on the same property on the same day. You buy the home from the seller, take title, and immediately resell it to your end buyer. Because you take title in between, your purchase price and resale price stay on separate closing statements instead of one assignment contract.
How fast can funding be ready?
Funding can be ready in as little as 24 hours once we have the deal details and the closing office information. Files with complete paperwork move fastest, so send everything you have when you submit the form.
What does double close funding cost?
Fees follow the schedule on this page: 1% on deals up to $500K with a $1,000 minimum, 1.25% from $500K to $1M, and 1.50% from $1M to $1.5M. Extra days, a second closing company, or special paperwork carry the additional fees listed in the schedule.
Can you fund EMD or a Morby Method deal?
Yes. Earnest money deposits and Morby Method structures are part of what we fund. Morby Method fees are paid upfront by Zelle or wire, as listed in the fee schedule above.
Nearby service areas
Ready to fund your Chillum double closing?
Submit the deal and we will review the numbers. Funding can be ready in as little as 24 hours once we have the deal details and closing office information.
Submit Your Deal