North Carolina DSCR, Hard Money, Fix & Flip, Construction & Multifamily Loans
North Carolina (NC) Underwriting Snapshot (BLUF): Wholesale business-purpose investment property loans in North Carolina utilize Quasi-Judicial (Clerk of Court Hearing + 10-Day Upset Bid) security instruments, with an average non-homestead effective property tax rate of 0.78%, a median 1–4 unit investment home price of $365,000 (median rent $2,680/mo), and 5+ unit multifamily market rents averaging $1,560/door. Arranged by Loan Daddy LLC (NMLS #2827624).
SECURITY INSTRUMENT
Quasi-Judicial (Clerk of Court Hearing + 10-Day Upset Bid)EFFECTIVE PROPERTY TAX
0.78% Avg ($237/mo)MEDIAN 1–4 UNIT PRICE & RENT
$365,000 · $2,680/mo5+ UNIT MULTIFAMILY RENT
$1,560/door/moNorth Carolina Pre-Populated Underwriting Terminal
1–4 Unit PITIA vs. 5–25+ Unit Commercial NOI Simulator
Loan Daddy LLC · NMLS #2827624 · AZ CMB #CMB-2016143 · CA CFL #60DBO-218873 · Canonical Integer _cents & _bps Engine
Price/Door: $365,000·Loan/Door: $273,750·Avg Rent/Door: $2,680/mo
Prepayment Stepdown Structure
Amortization & FICO Tier
Calculated DSCR Coverage Ratio
1.27xCanonical:
127 bps · 7500 bps LTV · 6625 bps RateTier-1 Institutional (1.25x+ — Max LTV & Best Pricing)
Loan Amount (75% LTV)$273,75027,375,000 _cents
Monthly P&I Debt Service$1,753/mo@ 6.625% Note Rate
Total Monthly PITIA$2,118/moTax: $237 · Ins: $128
Net Monthly Cash Flow+$562/mo$6,746/yr net
Wholesale PPE Multi-Option Execution Comparison (Borrower-Paid 2.000% Default · 39 Wholesale Lenders)
| Execution Option | Prepay Structure | Est. Note Rate | Prepay Price Credit | Monthly Debt Service | DSCR Ratio |
|---|---|---|---|---|---|
| Option A: Lowest Rate (60-Mo Stepdown) | 5-4-3-2-1 | 6.625% | -100 bps (-1.000 pt) | $2,118/mo | 1.27x |
| Option B: Balanced Par (36-Mo Stepdown) | 3-2-1 | 6.875% | -75 bps (-0.750 pt) | $2,163/mo | 1.24x |
| Option C: Max Cash Flow (10-Yr Interest-Only) | 3-2-1 IO | 7.000% | +38 bps IO LLPA | $1,962/mo | 1.37x |
Many DSCR lenders focus on the property's rent, not your tax returns. Not all applicants will qualify; terms vary by lender. Loans made or arranged pursuant to a California Financing Law license, #60DBO-218873.
North Carolina Cities with Population ≥ 50,000 (19 Markets)
Click any North Carolina city below to open its localized DSCR & Commercial Multifamily underwriting desk with county property tax rates, median rent benchmarks, and a pre-populated city deal calculator:
| City (NC) | County | 2026 Est. Pop | Effective Tax Rate | Median 1–4 Unit Price | Median Monthly Rent | 5+ Unit Rent/Door |
|---|---|---|---|---|---|---|
| Charlotte, NC → | MECKLENBURG County County | 864,220 | 0.78% | $455,000 | $3,300/mo | $1,925/door |
| Raleigh, NC → | WAKE County County | 470,603 | 0.83% | $410,000 | $3,000/mo | $1,725/door |
| Greensboro, NC → | GUILFORD County County | 304,807 | 0.75% | $360,000 | $2,700/mo | $1,575/door |
| Durham, NC → | DURHAM County County | 267,568 | 0.8% | $425,000 | $3,050/mo | $1,775/door |
| Winston-Salem, NC → | Winston-Salem Metro County County | 257,721 | 0.83% | $410,000 | $3,000/mo | $1,725/door |
| Fayetteville, NC → | CUMBERLAND County County | 222,805 | 0.76% | $390,000 | $2,850/mo | $1,675/door |
| Cary, NC → | WAKE County County | 164,686 | 0.73% | $380,000 | $2,800/mo | $1,625/door |
| Wilmington, NC → | NEW HANOVER County County | 122,153 | 0.8% | $355,000 | $2,600/mo | $1,525/door |
| High Point, NC → | GUILFORD County County | 117,438 | 0.8% | $375,000 | $2,750/mo | $1,575/door |
| Greenville, NC → | PITT County County | 97,152 | 0.81% | $360,000 | $2,600/mo | $1,525/door |
| Asheville, NC → | BUNCOMBE County County | 95,087 | 0.76% | $345,000 | $2,550/mo | $1,475/door |
| Concord, NC → | CABARRUS County County | 91,022 | 0.75% | $340,000 | $2,500/mo | $1,475/door |
| Gastonia, NC → | GASTON County County | 79,798 | 0.75% | $320,000 | $2,400/mo | $1,400/door |
| Jacksonville, NC → | ONSLOW County County | 75,296 | 0.78% | $350,000 | $2,550/mo | $1,500/door |
| Chapel Hill, NC → | ORANGE County County | 65,002 | 0.8% | $355,000 | $2,600/mo | $1,525/door |
| Rocky Mount, NC → | EDGECOMBE County County | 62,080 | 0.81% | $380,000 | $2,750/mo | $1,600/door |
| Burlington, NC → | ALAMANCE County County | 56,146 | 0.81% | $380,000 | $2,750/mo | $1,600/door |
| Huntersville, NC → | MECKLENBURG County County | 54,999 | 0.75% | $340,000 | $2,500/mo | $1,475/door |
| Wilson, NC → | WILSON County County | 54,095 | 0.8% | $375,000 | $2,750/mo | $1,575/door |