Lobeling Capital
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Connecticut · CT

Transactional funding in Connecticut

Lobeling Capital funds the A-to-B leg of double closings in Connecticut: 1% of the purchase price with a $1,000 minimum, approval within 24 hours, no credit check, and the wire goes to the closing agent before your A-to-B closes.

Wholesaling law in Connecticut

Rule
Wholesaler registration (from July 2026)
Citation
Connecticut Public Act 25-168 (H.B. 7287), wholesaler registration with the Department of Consumer Protection
Effective
July 1, 2026

Connecticut folded wholesaling rules into its 2025 budget act. Starting July 1, 2026, anyone who enters more than one wholesale contract in a calendar year must register with the Department of Consumer Protection (a registration, not a real estate license). Sellers get a three-business-day window to cancel a wholesale contract, and closing cannot be set more than 90 days after signing. Licensed agents must disclose their license to the seller.

What it means for a double close

The registration attaches to wholesale contracts, so a double close does not sidestep it on its own. What the double close does solve is the end-buyer side: your buyer purchases from you as the recorded owner, so there is no assignment and no exposure of your acquisition price. Register if you plan to do more than one Connecticut deal a year.

How closings work in Connecticut

Attorney closings

Closings here are customarily handled by a licensed attorney rather than a title or escrow company. We wire to the closing attorney’s trust account and both legs of the double close must run through the same attorney.

Connecticut is an attorney-closing state. Both the A-to-B and B-to-C legs need to be scheduled with the same closing attorney, and the 90-day cap on closing dates in the new law makes a tight, pre-arranged timeline more important than usual.

Funding a double close in Connecticut

  1. 1Send us your A-to-B purchase contract and B-to-C resale contract with the closing date.
  2. 2We review the deal, not your credit, and approve within 24 hours.
  3. 3Funds are wired to the closing agent handling both legs before the A-to-B closes.
  4. 4The B-to-C closes, our funding is repaid from the proceeds, and you keep the spread.

Sources

General information, not legal advice. Last reviewed October 2, 2026. Statutes change; confirm current rules with an attorney licensed in Connecticut.