Transactional lender · South Dakota
Transactional funding in South Dakota
Same-day funding for South Dakota double closings, including Sioux Falls, Rapid City and Aberdeen. 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 South Dakota double close works with us
Step 1
Send both contracts
Your signed A–B purchase contract on the South Dakota 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 South Dakota
Who runs the closing
In South Dakota, a title or escrow company typically runs both the A–B and the B–C closing. Not every title company will close a double close funded by a transactional lender. If yours will not, Axelrad can introduce a title partner who does.
Transfer tax on two deeds
South Dakota 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 South Dakota 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 fundingSouth Dakota transactional funding questions
Do you offer transactional funding in South Dakota?
Yes. Axelrad is a direct transactional lender and funds double closings in South Dakota, including Sioux Falls, Rapid City and Aberdeen. 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 South Dakota?
In South Dakota, a title or escrow company typically runs both the A–B and the B–C closing. Not every title company will close a double close funded by a transactional lender. If yours will not, Axelrad can introduce a title partner who does.
Do I pay transfer tax twice on a South Dakota double close?
South Dakota 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 South Dakota
- North Dakota transactional funding
- Minnesota transactional funding
- Nebraska transactional funding
- Iowa transactional funding
- All states
Business-purpose funding for real estate investors. Availability, structure and terms depend on the transaction and underwriting.