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 Reston, Virginia
Reston was one of the country's first planned communities, and its original 1960s and 1970s cluster townhomes are now one of the DMV's most reliable renovation niches. The early village centers around Lake Anne and the surrounding clusters hold townhomes and detached homes with dated interiors on wooded lots, while demand around Reston Town Center and the Silver Line stations keeps renovated resales moving. DMV Wholesale Double Close connects you with transactional funding for Reston deals up to $1.5M. You take title with the funder's money, resell to your end buyer the same day, and keep your markup off a single assignment contract. Both closings typically run through a Virginia title company. Send your Reston deal through the form and funding can be ready in as little as 24 hours.
Submit your Reston deal
Tell us what you have under contract. We'll review it and get back to you.
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 Reston
Virginia closings typically run through a title company or settlement agent, and recordation taxes apply at each closing. Reston files close in Fairfax County. Some Reston properties sit in clusters with association architectural guidelines, which affects your buyer's renovation plans more than the funding. The closing team can confirm anything property specific.
Why Reston wholesalers use us
Reston's original cluster townhomes sell to a deep pool of renovation buyers, and the Silver Line keeps demand growing for updated homes near the stations. When the resale side is that predictable, the only variable left is funding the purchase cleanly and on time.
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 address, contract price, resale price, and closing office. Cluster townhomes, condos and detached homes in Reston 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 Reston?
Yes. Deals across Reston fit, from the original clusters near Lake Anne to the neighborhoods around Reston Town Center and the Silver Line stations. Townhomes, condos and detached homes all work when the numbers do.
What kinds of Reston properties work for a double closing?
The most common Reston wholesale deals are the 1960s and 1970s cluster townhomes with dated interiors, plus older detached homes on wooded lots. Renovated versions of both sell steadily, which makes the resale side of the double closing easy to schedule.
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 Reston 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