Transactional lender · New York
Transactional funding in New York
Same-day funding for New York double closings, including New York City, Buffalo and Rochester. Axelrad funds 100% of your A–B purchase so you can close on your end buyer's money. No credit check and no upfront fees.
How a New York double close works with us
Step 1
Send both contracts
Your signed A–B purchase contract on the New York property, your signed B–C resale contract, and your end buyer's proof of funds.
Step 2
We confirm the closing
We talk to the title company or closing attorney handling both sides, so the money and the deeds move in the right order.
Step 3
We fund the A–B
We wire 100% of the purchase price for the A–B closing. Your end buyer's funds at the B–C closing repay us, often the same day.
Closing a double close in New York
An attorney-closing state
New York closings are commonly run by a closing attorney, and many attorneys will not handle a same-day double close. That is not a dead end. Axelrad has partners who will do double closings in New York.
Transfer tax on two deeds
New York charges a transfer tax when a deed is recorded. A double close records two deeds, A–B and B–C, so budget for the tax on both when you work out your spread.
Have both contracts signed?
Get your New York double close funded.
Send the A–B and B–C contracts and your buyer's proof of funds. We review the deal, not your credit.
Request transactional fundingNew York transactional funding questions
Do you offer transactional funding in New York?
Yes. Axelrad is a direct transactional lender and funds double closings in New York, including New York City, Buffalo and Rochester. We fund 100% of the A–B purchase and are repaid from your end buyer's funds at the B–C closing.
Can I double close the same day in New York?
New York closings are commonly run by a closing attorney, and many attorneys will not handle a same-day double close. That is not a dead end. Axelrad has partners who will do double closings in New York.
Do I pay transfer tax twice on a New York double close?
New York charges a transfer tax when a deed is recorded. A double close records two deeds, A–B and B–C, so budget for the tax on both when you work out your spread.
Do you check my credit for transactional funding?
No. There is no credit check and no upfront fee. We look at the deal: the signed A–B purchase contract, the signed B–C resale contract, and proof that your end buyer has the funds to close.
Prepare the deal
Transactional funding near New York
- New Jersey transactional funding
- Pennsylvania transactional funding
- Connecticut transactional funding
- Massachusetts transactional funding
- All states
Business-purpose funding for real estate investors. Availability, structure and terms depend on the transaction and underwriting.