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 Lake Ridge, Virginia
Lake Ridge was planned in the early 1970s along the Occoquan Reservoir, and its townhouses and single family homes on wooded lots have aged into a steady renovation market. The community's pools, parks and water access keep family demand strong for updated homes, while the original housing stock offers dated interiors at entry prices that still leave room for a spread. DMV Wholesale Double Close connects you with transactional funding for Lake Ridge 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. Both closings typically run through a Virginia title company. Submit your Lake Ridge deal through the form and funding can be ready in as little as 24 hours.
Submit your Lake Ridge deal
Tell us what you have under contract. We'll review it and get back to you.
Deal Received
We have your Lake Ridge 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 Lake Ridge
Virginia closings typically run through a title company or settlement agent, and recordation taxes apply at each closing. Lake Ridge files close in Prince William County. Most of the community belongs to the Lake Ridge Parks and Recreation Association, so association resale documents are part of the timeline, which affects scheduling more than funding. The closing team can confirm the sequence on your file.
Why Lake Ridge wholesalers use us
Lake Ridge buyers stay loyal to the community, which means renovated homes resell inside a known price band. Flip buyers rely on that, and a double closing lets you use it too: line up the resale, fund the purchase, and keep your spread out of sight.
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. Lake Ridge townhouses and single family homes 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 Lake Ridge?
Yes. Deals across Lake Ridge fit, from the townhome clusters to the single family sections on the wooded lots near the reservoir. Both property types work when the purchase and resale numbers make sense.
What kinds of Lake Ridge properties work for a double closing?
Most Lake Ridge wholesale deals are 1970s and 1980s townhouses and single family homes with dated interiors. Renovated versions resell to families who want the community's amenities, which keeps the resale side of a double closing predictable.
What is a double closing?
A double closing is two back to back transactions on the same property. You buy the home from the seller, then immediately resell it to your end buyer. Because you take title in between, your purchase price and your 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 Lake Ridge 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