FAQ: Double Closes & Transactional Funding in Phoenix, Arizona

Q1: What is a Double Close?

A Double Close (also called simultaneous or back-to-back closing) is when you buy a property from the original seller and immediately sell it to your end buyer on the same day. This keeps your profit margin private and avoids contract assignment.

Q2: Is Double Closing legal in Arizona?

Yes, double closing is perfectly legal in Arizona and the Phoenix metro area when done correctly with proper funding and documentation.

Q3: Do I need a real estate license to wholesale in Arizona?

In most cases, no — as long as you are not acting as a broker. However, we always recommend staying compliant with Arizona real estate laws.

Q4: Why would I use a Double Close instead of assigning the contract?

Double closes are useful when the seller won’t allow assignment, when you want to keep your profit completely private, or when your end buyer prefers a clean title chain.

Q5: Can I use my own title company?

Yes, you can use your preferred title company, but they must be capable of coordinating same-day or back-to-back closings.

We will quickly verify that they are properly licensed in Arizona and experienced with double closes.  If they cannot meet the requirements, we may need additional time or recommend using one of our trusted title partners to ensure the deal can close the same day.

Q6: How fast can you respond to my deal?

We usually respond the same day during business hours.

Q7: Do you provide transactional funding?

Yes, we offer transactional funding for the first leg of double closes so you don’t have to use your own capital.

Q8: How Our 24‑Hour Funding Clock Works? 

Funding Timeline

We coordinate with the title company. We provide fast transactional funding for same-day double closes when files are clean and early. The 24-hour clock starts only after we receive a complete, accurate package: executed A-to-B and B-to-C contracts, full buyer/seller info, title file, and any required addenda. Approvals and wires can be completed within 24 business hours once the package is cleared by our team and title. Submitting early increases the likelihood we can schedule both closings on the same day. If documents arrive late or incomplete, closings may move to the next business day.

* Important: Same-day funding is not guaranteed. Timing depends on package completeness, title readiness, and end-buyer performance.We provide fast transactional funding for same-day double closes when files are clean and early.

Q9: How much time does title company need to close a double close deal?

Title’s closing timeline (often 7–14 days) is set by their title search, payoff statements, HOA demands, and scheduling. We coordinate with title to align both closings once their file is clear.

Q10: Do you charge for a Proof of Funds?

No. Generic POF is included. It is not property-specific, not a commitment to lend, Arizona double-close only, valid 30 days, and subject to title verification and written escrow instructions. We may withdraw the letter prior to escrow opening.

Q11: Is your funding recourse to me?

No. Funding is non-recourse to the borrower and is released only under written escrow instructions after title verifies C-buyer funds. Our fee appears as a dollar line on the B-to-C settlement statement.

IMPORTANT: Title and escrow may charge their standard fees for both closings. Our funding is non-recourse to you, but title company charges are separate and are shown on the A‑B and B‑C settlement statements. We do not control title’s fees.

Q12: What if I have more questions?

Our chatbot is designed to answer the most frequently asked questions — and perhaps it knows even more than a human agent.  If you still can't find the answer you're looking for, please let us know!

Write to us at AZDoubleClose@proton.me