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Subject ToSingle Family
๐ฅ Subject-To Co-Living Cash Cow in Lumberton NC ๐ฅ๐ฅ Massive 5 Bed / 3.5 Bath, 3,032 sqft on Over an Acre ๐ก Just $25k Down + CC to Take Over ๐ Oversized Workshop + Sunroom ๐ ๏ธ No Bank Qualifying, No Credit Check ๐ซ
Lumberton, North Carolina
๐ฅ LUMBERTON NC CREATIVE FINANCE DEAL IS LIVE AND IT IS A MONSTER. Step into a massive 5 bed / 3.5 bath, 3,032 sqft home sitting on over a full acre for just $15k down and zero bank qualifying.
This is a rare co-living and group-rental cash machine. Five bedrooms, three and a half baths, a sunroom, a fireplace, a wood deck, and an oversized workshop, all on a 1.03 acre lot right in Lumberton minutes from UNC Southeastern Regional Medical Center and the I-95 corridor. Take over the financing already in place and step right in for $15k. This much house for this little down does not come around often.
PROPERTY DETAILS:
๐๏ธ 5 Bedrooms
๐ 3.5 Bathrooms
๐ 3,032 sqft
๐ณ 1.03 acre lot
โ๏ธ Sunroom, fireplace, and wood deck
๐ ๏ธ Oversized workshop for storage, projects, and equipment
๐ Lumberton NC 28358, Robeson County, minutes to UNC Southeastern Regional Medical Center and I-95
๐ช NO HOA
DEAL BREAKDOWN:
๐ฅ $15k + CC to step in
๐ฅ 6.5% interest
๐ฅ $2,032/mo PITI
๐ฅ Total payment including approx $2,452/mo
๐ฅ $235k mortgage balance
๐ฅ $70k solar balance combined ($42,489 + $27,082)
๐ฅ $304k total balance to take over (mortgage + solar)
๐ Buyer continues 2 existing solar loans
๐ No prepayment penalty
๐ No balloon
OPPORTUNITY:
๐ธ Co-Living: $130 to $196 per room/week via PadSplit (up to 5 rentable rooms)
๐ธ Short Term Rental: $7,000 to $8,400/mo via Awning
๐ธ Mid Term Rental: $4,000 to $6,000/mo via FurnishedFinder
๐ธ Long Term Rental: $2,700 to $2,900/mo via RentCast
๐ธ Wrap to End Buyer
๐ธ Lease Option
๐ธ Move In / Occupy as Primary Residence
๐ See mortgage statement in 'Documents' below
The real money here is the co-living play. Five bedrooms in a medical and I-95 hub means you fill rooms fast and stack rent well past the payment, or run it furnished for the travel-nurse crowd at UNC Southeastern. Add the workshop, the sunroom, and the full acre and you have a property that is tough to replicate. Do not sit on this one. First come first serve ๐๐
๐ Call 770-758-5654 for more info ๐
5 Beds
3 Baths
3,032 Sqft
1922 Built
Deal breakdown
- Entry fee / down
- $15,000
- Loan balance
- $235,000
- Interest rate
- 6.5%
- Monthly PITI
- $2,032
Property details
- Property type
- Single Family
- Deal type
- Subject To
- Year built
- 1922
- Square feet
- 3,032
- Lot size
- 1 sqft
- Bedrooms
- 5
- Bathrooms
- 3
- Location
- Lumberton, North Carolina
- ARV
- $350,000








































