North Carolina Investor Loans
Fix & Flip
- Up To $1MM
- 6 Months
- 1-4 Family
- Non-Owner Occupied
Buy and Hold
- Up To $1MM
- 5, 20, 30 Year Options
- 1-4 Family
- Non-Owner Occupied
Wrapable
- Up To $1MM
- 20 Years
- 1-4 Family
- Non-Owner Occupied
Top North Carolina Markets
North Carolina Fix & Flip Loan Packages
Fix & Flip A | Fix & Flip B | Fix & Flip C | |
1-4 Family, Non-Owner Occupied | |||
6 Month Term, Interest-Only Payments | |||
LLC Ownership Only | |||
Up To 1MM Loan Size | Up To 750K Loan Size | Up To 750K Loan Size | |
740+ Credit Score | 680-739 Credit Score | 600-679 Credit Score | |
70% LTV | 70% LTV | 70% LTV | |
90% LTC (must bring 10% of contract to closing) | 90% LTC (must bring 10% of contract to closing) | 90% LTC (must bring 10% of contract to closing) | |
25% of Rehab Cash on Hand Required | 25% of Rehab Cash on Hand Required | 25% of Rehab Cash on Hand Required | |
2.75 Points at Closing | 3.5 Points at Closing | 4 Points at Closing |
North Carolina Rental Loan Packages
5 Year Rental
5/20 Rental A | 5/20 Rental B | 5/20 Rental C | |
1-4 Family, Non-Owner Occupied | |||
5 Year Balloon Payment, 20 Year Amortization | |||
Fixed Rate Loan | |||
LLC Ownership Only | |||
Up To 1MM Loan Size | Up To 1MM Loan Size | Up To 1MM Loan Size | |
740+ Credit Score | 680-739 Credit Score | 600-679 Credit Score | |
70% LTV | 70% LTV | 70% LTV | |
100% LTC | 100% LTC | 100% LTC | |
1.35 Minimum DSCR | 1.35 Minimum DSCR | 1.35 Minimum DSCR | |
2.75 % at Closing | 3.5 % at Closing | 4 % at Closing |
20 Year Rental
20/20 Rental A | 20/20 Rental B | 20/20 Rental C | |
1-4 Family, Non-Owner Occupied | |||
No Balloon Payment, 20 Year Amortization | |||
36-Month Adjustable Rate Mortgage | |||
LLC Ownership Only | |||
Up To 1MM Loan Size | Up To 1MM Loan Size | Up To 1MM Loan Size | |
740+ Credit Score | 680-739 Credit Score | 600-679 Credit Score | |
70% LTV | 70% LTV | 70% LTV | |
100% LTC | 100% LTC | 100% LTC | |
1.35 Minimum DSCR | 1.35 Minimum DSCR | 1.35 Minimum DSCR | |
2.75 % at Closing | 3.5 % at Closing | 4 % at Closing |
30 Year Rental
30/30 Rental A | 30/30 Rental B | 30/30 Rental C | |
1-4 Family, Non-Owner Occupied | |||
No Balloon Payment, 30 Year Amortization | |||
36-Month Adjustable Rate Mortgage | |||
LLC Ownership Only | |||
Up To 1MM Loan Size | Up To 1MM Loan Size | Up To 1MM Loan Size | |
740+ Credit Score | 680-739 Credit Score | 600-679 Credit Score | |
70% LTV | 70% LTV | 70% LTV | |
100% LTC | 100% LTC | 100% LTC | |
1.35 Minimum DSCR | 1.35 Minimum DSCR | 1.35 Minimum DSCR | |
2.75 % at Closing | 3.5 % at Closing | 4 % at Closing |
North Carolina Wrapable Loan Packages
20/20 Wrapable A | 20/20 Wrapable B | 20/20 Wrapable C | |
1 Unit Single Family, Non-Owner Occupied | |||
No Balloon Payment, 20 Year Amortization | |||
Fixed Rate Mortgage | |||
LLC Ownership Only | |||
Up To 1MM Loan Size | Up To 1MM Loan Size | Up To 1MM Loan Size | |
740+ Credit Score | 680-739 Credit Score | 600-679 Credit Score | |
70% LTV | 70% LTV | 70% LTV | |
100% LTC | 100% LTC | 100% LTC | |
1.35 Minimum DSCR | 1.35 Minimum DSCR | 1.35 Minimum DSCR | |
2.75 % at Closing | 3.5 % at Closing | 4 % at Closing |
Resources for Real Estate Investors
Unlocking Wealth: The Power of Income Property Investment
Understanding Income Property Income property refers to real estate purchased to generate rental income. This can include residential properties like single-family homes, apartments, or condominiums, as well as commercial properties such as office buildings, retail spaces, or industrial complexes. The primary source of revenue for income property owners is the rent paid by tenants occupying the property. How It … Read more
Beginner’s Guide: How to Start a Fix and Flip Real Estate Project with Fix and Flip Loans
Are you eager to dive into the world of real estate investment but unsure where to start? Fix and flip projects offer an exciting opportunity to buy, renovate, and sell properties for profit. In this beginner’s guide, we’ll walk you through the steps of starting your first fix and flip project, with a focus on … Read more
Do You Need Credit for Private Money Loans?
Access to capital is often the key to unlocking lucrative opportunities and building wealth in real estate. But what if your credit isn’t exactly stellar? Do you still have a shot at securing financing for your investment endeavors? The answer is a resounding yes, thanks to private money loans. Contrary to traditional lending practices, private money loans are … Read more
What is a Debt Service Coverage Ratio Loan?
Securing the right financing is often the key to success in real estate investing. One type of loan that has gained popularity among investors is the Debt Service Coverage Ratio Loan (DSCR). But what exactly is a DSCR loan, and why are they becoming increasingly popular among investors? Let’s dive in and explore the benefits of these … Read more
Are DSCR Loans Hard to Get?
Are DSCR Loans Hard to Get? A question that often lingers in the minds of budding real estate investors, as they navigate the complex landscape of financing options for their ventures. DSCR, or Debt Service Coverage Ratio, loans stand as a pillar of support for those looking to delve into the lucrative world of real estate investment. … Read more
Why Use Private Money Lenders for Real Estate
Finding the right financing partner can often be the key that unlocks doors to lucrative opportunities for real estate investors. While traditional lenders have their merits, the rigidity of their criteria can sometimes leave investors feeling stranded on the sidelines. This is where private money lenders step in, offering a flexible and tailored approach to financing that … Read more
Are Hard Money Lenders Worth It?
In the world of real estate investing, timing is often everything. Whether it’s seizing an opportunity to snatch up a distressed property at a bargain price or swiftly renovating a home to flip it for profit, having access to quick and flexible financing can make all the difference. This is where hard money lenders shine, offering a … Read more
What is a Hard Money Loan?
Securing funding can often be the difference between seizing lucrative opportunities and missing out on them entirely. Traditional lending institutions, with their stringent requirements and lengthy approval processes, may not always be the ideal solution for investors looking to act swiftly in competitive markets. This is where a hard money loan comes into play, offering a lifeline … Read more
Hard Money Lending Excellence: 10 Years of ILS
I am thrilled to write to you on this special occasion as Investor Loan Source celebrates its 10-year anniversary. It is with immense gratitude that I extend my heartfelt thanks for your steadfast partnership over the past decade of hard money lending. When we embarked on this journey, it was just Donald and me, working … Read more
Comprehensive Toolkit for Single-Family RE Investors
Investing in single-family homes can be a lucrative venture, but navigating the real estate market requires careful planning and strategic decision-making. This toolkit is designed to equip aspiring and seasoned investors with the essential knowledge and tools needed to thrive in the realm of single-family home investments. From deal flow and due diligence to financing, … Read more
Debunking the Single-Family Home Foreclosure Boom Myth
Introduction Headlines have been buzzing with speculations about an impending single-family home foreclosure boom. While it’s true that foreclosure rates have experienced fluctuations throughout the year, comparing the current situation to the infamous 2008 crisis is an overstatement. In this blog post, we will delve into the current state of the real estate market, debunking … Read more
Evaluating Retail Shopping Centers for Real Estate Investment Purposes
In the dynamic world of commercial real estate, a successful investment begins with a careful and thorough evaluation of the property from a number of perspectives. The importance of scrutinizing key aspects of a shopping center to ensure a sound investment prior to entering into a contract for purchase is critical for investors seeking healthy … Read more
How to Select the Best Hard Money Lender
Are you considering real estate investing and thinking of working with a hard money lender? If so, it’s important to be choosy when making your decision. While there are many hard money lenders available, they vary in terms of experience and customer service. It pays to shop around and get to know who you’re getting … Read more
Steps to Build a Wealth Mindset
Do you want to create financial stability and reach your financial goals? It all starts with a shift in mindset. Investing in real estate, funds, notes, and other investments requires an understanding of the financial landscape and a clear vision for your financial future. In this blog post, we will explore how to develop a … Read more
Investing in the Economic Shift: 6 Southern States Become New GDP Powerhouse
As a real estate investor, it is important to stay informed on where the best opportunities for investment lie. Recently, six of the fastest-growing states in the U.S. have emerged as new economic powerhouses. This population and business shift can make or break investing strategies for real estate investors, and understanding the nuances of the market … Read more
Choosing the Right Investment Markets for Real Estate
When it comes to real estate investing, choosing the right markets is essential. It’s not enough to simply buy a property and hope for the best; you need to ensure that you’re investing in an area that has a high demand for real estate and is likely to provide a good return on investment. In … Read more
Discovering Your “Why”: A Key to Success in Real Estate Investing
Are you ready to take the plunge into real estate investing? Before you do, it is important to take a moment to think about why you are investing in real estate in the first place. Discovering your “why” is an essential part of being successful in real estate investing. When you understand your motivation, you … Read more
The Sun Belt: A Hotspot for Investors
Investing in the sun belt states is becoming increasingly popular among investors, who are drawn to the region’s booming economies and desirable climates. The sun belt states – which span from the south-eastern U.S. to the south-western U.S. – have seen a surge in population and economic growth over the past few years, making them … Read more
The Importance of Underwriting in Real Estate Investing
Real estate investing is an attractive venture for many investors. However, it’s important to be mindful of the risks involved and ensure that each deal is carefully underwritten with a conservative approach. Doing so can help to ensure that any potential purchase is worth the price and will yield positive returns in the long term. … Read more
4 Time Management Tips Every Real Estate Investor Needs to Know
Time management is one of the most important skills entrepreneurs need to have if they want to succeed. As a real estate investor, it can be especially challenging to stay organized and manage your time effectively. That’s why we’ve compiled a list of the 4 essential time management tips every entrepreneur should know. From establishing … Read more