If you’re a real estate wholesaler looking to execute double closing deals, you already know speed and reliability are critical. The right funding at the right time can make or break a deal. At Oakstone Lending, we make it simple to apply for a double closing loan, so you can close deals quickly, maximize profits, and grow your business.
With over 150 deals funded, we provide fast, transparent, and flexible funding for residential, multi-family, and commercial properties. Whether you’re a seasoned wholesaler or just getting started, we’re here to support your success with reliable double closing loans.
Why Double Closing Loans Are Essential for Wholesalers
Double closings allow you to purchase a property and resell it to your end buyer without holding the property long-term. While this strategy offers significant profit potential, it comes with one major challenge: you need capital to fund the initial purchase.
Common Challenges Without a Double Closing Loan:
- Limited Cash Flow: Many wholesalers don’t have the liquidity to fund large deals.
- Time Pressure: Traditional financing takes too long, causing you to lose deals.
- Lost Opportunities: Without access to fast funding, competitors can outmaneuver you.
That’s where Oakstone Lending comes in. Our streamlined process ensures you can secure funding in as little as 24–48 hours, keeping you competitive in a fast-moving market.
How Double Closing Loans Work
Oakstone Lending makes the process straightforward:
- Submit Your Deal: Provide the details of your transaction through our online portal.
- Quick Approval: We review your submission and provide funding terms within hours.
- Secure Your Funds: Once approved, we fund your double closing, so you can focus on closing the deal.
Real-Life Examples: Double Closing Loans in Action
Let’s walk through detailed examples for residential, multi-family, and commercial deals to show how Oakstone Lending supports your business.
Residential Deal: Double Closing Loan Example
You’re purchasing a $250,000 single-family home to resell to your buyer for $300,000.
- Purchase Price: $250,000
- Oakstone Lending Fee (1.5%): $3,750
- Payback Amount: $250,000 + $3,750 = $253,750
When you resell the property for $300,000, your profit is:
$300,000 – $253,750 = $46,250
With Oakstone Lending, you secure the deal, complete the transaction, and walk away with over $46,000 in profit—all without tying up your own capital.
Multi-Family Deal: Double Closing Loan Example
Next, consider a 10-unit multi-family property priced at $850,000, which you plan to resell for $925,000.
- Purchase Price: $850,000
- Oakstone Lending Fee (1.5%): $12,750
- Payback Amount: $850,000 + $12,750 = $862,750
When you sell the property for $925,000, your profit is:
$925,000 – $862,750 = $62,250
By using Oakstone’s double closing loan, you confidently execute a high-value deal and pocket a substantial profit.
Commercial Deal: Double Closing Loan Example
Finally, let’s scale up to a $5 million commercial property, which you plan to sell to your buyer for $5.5 million.
- Purchase Price: $5,000,000
- Oakstone Lending Fee (1.5%): $75,000
- Payback Amount: $5,000,000 + $75,000 = $5,075,000
After reselling the property for $5.5 million, your profit is:
$5,500,000 – $5,075,000 = $425,000
Oakstone Lending enables you to execute deals of this scale with ease and confidence.
Why Wholesalers Trust Oakstone Lending
1. Speed That Matches Your Needs
In wholesaling, every second counts. Our automated systems ensure you get funding within 24–48 hours, so you never lose a deal due to delays.
2. Flexibility for Any Deal Size
We fund double closings for transactions ranging from $10,000 to multi-million-dollar deals, giving you the flexibility to grow your business.
3. Transparent Pricing You Can Trust
Our flat 1.5% fee ensures you know exactly what you’re paying. Rush funding is available with an additional 1% fee, so you’re always prepared for tight deadlines.
How to Apply for a Double Closing Loan
Applying for a double closing loan is easy:
- Visit Our Website: Go to oakstonelending.com.
- Submit Your Deal: Use our quick online form to provide your deal details.
- Review and Approval: We evaluate your submission and provide funding terms.
- Secure Your Funds: Once approved, we fund your deal and help you close with confidence.
FAQs
What if my deal doesn’t close?
We charge a $250 non-refundable fee upfront to cover our costs, ensuring transparency and fairness.
How fast can I get funding?
Most deals are funded within 24–48 hours. Rush funding is available for urgent cases.
Is there a minimum amount for double closing loans?
Yes, our minimum funding amount is $2,000.
The Cost of Double Closing Loans: Simple and Transparent
Here’s what you’ll pay with Oakstone Lending:
- $500,000 Purchase: Fee = $7,500
- $1,000,000 Purchase: Fee = $15,000
- $5,000,000 Purchase: Fee = $75,000
Our competitive pricing ensures you get the funding you need without overpaying.
Ready to Close Bigger Deals?
At Oakstone Lending, we’re committed to helping wholesalers like you close more deals and grow your business. With fast, reliable double closing loans and a proven track record of success, we’re the partner you can trust for all your funding needs.
Don’t let financing delays hold you back. Submit your deal today or email us at funding@oakstonelending.com. Let’s make your next double closing your most profitable one yet.
