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Updated about 2 years ago on . Most recent reply

Angel Barroso jr's profile image
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Angel Barroso jr
  • Rental Property Investor
  • from Salisbury NC
  • Member since Apr 2, 2023

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Angel Barroso jr's profile image
Angel Barroso jr's profile image
Angel Barroso jr
  • Rental Property Investor
  • from Salisbury NC
  • Member since Apr 2, 2023
Angel Barroso jr
  • Rental Property Investor
  • Salisbury NC
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Private Lending & Conventional Mortgage Advice

Loan products (financing)

Angel Barroso jr
  • Rental Property Investor
  • Salisbury NC
Posted

Are there loan products in NC for buying modular homes as an investment property?  Thanks

Charlotte, North Carolina
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Doug Smith#2 General Real Estate Investing Contributor
  • Lender
  • Tampa, FL
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Doug Smith#2 General Real Estate Investing Contributor
  • Lender
  • Tampa, FL
Replied

Provided the property is affixed to and taxed as real estate, it's do-able. There are some funds that balk at anything manufactured, but there are others that will do the deals. We've done them in NC. 

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