Transactional Funding in Edmond

Yes: the clock is set by statute, not by your lender, wherever in the metro the property sits. Since November 1, 2025, Oklahoma statute defines "wholesaler" as a category that expressly includes double closing (59 O.S. 858-102(20)), and section 858-314 requires the wholesaler to disclose the resale intent in writing before the contract is executed, and gives the homeowner a right to cancel within two business days of execution, with no penalty, stated in bold beside the signature line. The same notice says the wholesaler cannot have the seller sign a deed until that right to cancel has ended, which is what sets the calendar: the first close does not happen on signing day. We're ready when the cancellation window closes; we don't build wholesale funding around outrunning it. Talk to an Oklahoma real estate attorney about your specific contract language.

The Real Estate Commission's own cancellation form, and it's free. OREC publishes "Notice of Homeowner's Cancellation of Wholesale Real Estate Purchase Contract" in its 2026 contract forms set, and 858-314(G) requires it in every wholesale contract. The form gives the homeowner two ways to cancel: within two business days of signing under 858-314(C), or at any time under 858-314(F) if the required disclosures were left out. Skip it and the contract is invalid and unenforceable by the wholesaler, which is the statute's own consequence, not ours. Point sellers at OREC's form and at Oklahoma counsel for anything about how to fill it out.

No, and that's the Edmond-area scheduling trap. Oklahoma title insurance can only issue after an Oklahoma attorney examines a certified abstract prepared by an abstractor licensed in the county where the property sits (36 O.S. 5001(C)). Edmond, Arcadia, Luther, and Jones sit in Oklahoma County; Guthrie sits in Logan County; Piedmont sits in Canadian County, which also assesses property at a higher ratio than Oklahoma County. A double close that starts in Edmond and ends in Guthrie or Piedmont is two different county abstract plants, not one, so build the extra step into your calendar before you set a closing date.

Both legs record through Oklahoma County's e-recording system, and the county's own filing rules govern the paperwork on each one. Oklahoma County records instruments through Tyler Portico e-recording, and the County Clerk's filing guidelines require every deed to leave a margin clear for documentary stamps and mortgage-tax certification before it will be accepted. Two deeds on the same day means two sets of documentary stamps, at $0.75 per $500 of consideration, affixed before each deed is accepted for recording, plus a separate mortgage registration tax stop at the county treasurer if either leg carries a recorded mortgage. An unpaid mortgage tax blocks recording. Confirm the current per-instrument process with the County Clerk before you count on a same-week close.

No. The statute is identical statewide, but the dollars on both legs are not. Edmond's mid-tier home value ran $358,694 in July 2026 against Oklahoma City's $207,726, so an Edmond A-to-B leg ties up materially more capital than the same deal in the city. The documentary stamp tax scales with it at $0.75 per $500 of consideration, and both legs of a double close pay it: a $290,000 A-to-B carries $435 of stamps and a $330,000 B-to-C another $495, against $375 and $420 on the $250,000 and $280,000 pair a lower-basis submarket would produce. Edmond is also a hold-and-appreciate market with a new-construction spine rather than a distressed-stock market, and no Edmond-level flip or distress figure has been published, so do not size an Edmond pipeline off Oklahoma City's.

Up to 100% of the purchase price on the A-to-B leg, priced as a flat fee, with no credit check and no appraisal. It's a simultaneous-close product: our money funds the A-to-B leg and comes back out of the B-to-C proceeds. On a wholesale deal, the calendar isn't ours to set. It's the two-business-day cancellation window Oklahoma's 2025 wholesaler law gives the seller, plus the county-licensed abstract each leg needs, which matters more here than in a single-county metro since Edmond's own service area spans Oklahoma, Logan, and Canadian counties. Subject to underwriting.

Transactional funding is short-term capital that funds the A-to-B leg of a back-to-back (double) closing, so you can resell to your end buyer (B-to-C) the same day. It is built for wholesalers and assignment deals where you need to take title briefly without using your own cash.

It is priced as a flat fee rather than an interest rate, since the money is only out for a day or two. Market pricing generally runs about 1% to 3% of the amount funded, with a dollar minimum on small deals. You also cover the normal double-close costs such as title, escrow, and recording.

We can fund up to 100% of your purchase price on the A-to-B closing, so you bring no money to the table. The loan is repaid directly from the proceeds of your simultaneous B-to-C sale.

No. Transactional funding requires no credit check and no appraisal. Approval rests on a verified, ready-to-close end buyer rather than your personal finances, which is why it can fund same-day.

Your executed A-to-B and B-to-C contracts, proof of the end buyer's funds, and a title or escrow company that allows back-to-back closings. With those in hand we can fund the same day.

Very short, usually a matter of days. It is designed to be repaid out of the same-day or next-day resale, not held like a normal loan.