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๐Ÿ”ฅ Subject-To Co-Living Cash Cow in Lumberton NC ๐Ÿ”ฅ๐Ÿ”ฅ Massive 5 Bed / 3.5 Bath, 3,032 sqft on Over an Acre ๐Ÿก Just $25k Down + CC to Take Over ๐Ÿ”‘ Oversized Workshop + Sunroom ๐Ÿ› ๏ธ No Bank Qualifying, No Credit Check ๐Ÿšซ
Subject To
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Subject ToSingle Family

๐Ÿ”ฅ Subject-To Co-Living Cash Cow in Lumberton NC ๐Ÿ”ฅ๐Ÿ”ฅ Massive 5 Bed / 3.5 Bath, 3,032 sqft on Over an Acre ๐Ÿก Just $25k Down + CC to Take Over ๐Ÿ”‘ Oversized Workshop + Sunroom ๐Ÿ› ๏ธ No Bank Qualifying, No Credit Check ๐Ÿšซ

Lumberton, North Carolina

๐Ÿ”ฅ 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: ๐Ÿ›๏ธ 5 Bedrooms ๐Ÿ› 3.5 Bathrooms ๐Ÿ“ 3,032 sqft ๐ŸŒณ 1.03 acre lot โ˜€๏ธ Sunroom, fireplace, and wood deck ๐Ÿ› ๏ธ Oversized workshop for storage, projects, and equipment ๐Ÿ“ Lumberton NC 28358, Robeson County, minutes to UNC Southeastern Regional Medical Center and I-95 ๐Ÿ’ช NO HOA DEAL BREAKDOWN: ๐Ÿ”ฅ $15k + CC to step in ๐Ÿ”ฅ 6.5% interest ๐Ÿ”ฅ $2,032/mo PITI ๐Ÿ”ฅ Total payment including approx $2,452/mo ๐Ÿ”ฅ $235k mortgage balance ๐Ÿ”ฅ $70k solar balance combined ($42,489 + $27,082) ๐Ÿ”ฅ $304k total balance to take over (mortgage + solar) ๐Ÿ”† Buyer continues 2 existing solar loans ๐Ÿ‘ No prepayment penalty ๐ŸŽˆ No balloon OPPORTUNITY: ๐Ÿ’ธ Co-Living: $130 to $196 per room/week via PadSplit (up to 5 rentable rooms) ๐Ÿ’ธ Short Term Rental: $7,000 to $8,400/mo via Awning ๐Ÿ’ธ Mid Term Rental: $4,000 to $6,000/mo via FurnishedFinder ๐Ÿ’ธ Long Term Rental: $2,700 to $2,900/mo via RentCast ๐Ÿ’ธ Wrap to End Buyer ๐Ÿ’ธ Lease Option ๐Ÿ’ธ Move In / Occupy as Primary Residence ๐Ÿ“ 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 ๐Ÿƒ๐Ÿƒ ๐Ÿ“ž Call 770-758-5654 for more info ๐Ÿ“ž
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