How Double Closing Works in Florida
A double closing is two separate real estate transactions on the same property, usually on the same day. In the first transaction you buy the property from the seller. In the second you resell it to your end buyer, and the proceeds from that resale repay the funding on your purchase.
Because you take title in between, your purchase price and your resale price stay on separate closing statements. Your wholesale spread is the difference between the two transactions, not a fee line on a single assignment contract.
The A-B and B-C transactions
The first transaction is called A-B: the seller (A) sells to you (B) under your purchase contract. The second is B-C: you (B) sell to your end buyer (C) under a separate contract. Each transaction gets its own settlement statement, its own signatures and its own disbursement.
The closing office coordinates the purchase and resale in the agreed sequence. Transactional funding may cover the purchase side, but the documents, buyer funds and repayment arrangements need review before either closing is completed.
Closing costs in Florida
Florida deeds are subject to documentary stamp tax. Across the four counties covered here, the general rate is 70 cents per $100 or part of $100 of consideration. The closing office can confirm the amount and treatment for each transfer in your file.
A purchase and a resale can each carry separate tax, title, escrow and recording costs. Review both settlement statements before assuming the difference between the two contract prices is your net margin.
The paperwork a file usually needs
The title company prepares and confirms exactly what your file requires. For a double closing, the paperwork includes:
- A signed purchase and sale agreement for each side of the deal
- Title work on the property, ordered by the title company
- A settlement statement for each transaction showing its own price and costs
- Wire instructions and any payoff figures tied to the property
- Entity documents if you are buying through an LLC
- Association, estate or probate documents when the property calls for them
Files with complete paperwork move fastest. Sending everything you have when you submit the deal keeps questions from surfacing at the closing table.
Where transactional funding fits
Our transactional funding is considered for your purchase side. The closing office confirms disbursement, resale and repayment arrangements before closing. The fee follows the published schedule, while title, tax and recording costs need their own review.
Funding can be ready in as little as 24 hours once we have the deal details and the title company information. If you are still deciding between structures, the double close vs assignment guide compares the two honestly.
Common questions about the process
Is a double closing legal in Florida?
Double closings are a common structure for investor transactions across Florida. Each side is a separate, fully documented purchase and sale that runs through a title company. Legal questions about your specific contract belong with the settlement professional on your file.
Do both closings have to happen on the same day?
They are typically scheduled back to back on the same day, and transactional funding is priced for that short hold. If the resale side moves to another day, the additional day fee in the published schedule applies for each extra day the funds are out.
Who chooses the title company?
Often the title company your end buyer already uses can run both transactions. What matters most is an office that handles investor double closings regularly and is comfortable coordinating the two files in sequence.
What does the funding fee cover?
The fee covers the use of the funds for your purchase side, and it follows the published schedule based on the funding amount. The full schedule and worked examples are on the transactional funding fees page.
Can I assign the contract instead of double closing?
Sometimes. Assignment works when the contract allows it and everyone is comfortable seeing the fee. The double close vs assignment comparison walks through when each structure tends to fit.
Have a deal ready for funding?
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 title company information.
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