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Justin Reed
  • Medical Professional
  • Cornelius, NC
3
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10
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North Carolina- Buyer Commission earned as down payment

Justin Reed
  • Medical Professional
  • Cornelius, NC
Posted

Hi All, 

I'm a newly licensed RE agent/Investor in Charlotte, North Carolina.  I know many of you who are licensed use your (buying) commission earned as a part of their down payment.  I understand this varies state to state.  

My question- Does North Carolina allow this, and does anyone have a recommended lender who understands what we are trying to accomplish? 

Thanks, 
Justin Reed

Most Popular Reply

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955
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Adam Schneider
  • Lender
  • Raleigh, NC
639
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955
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Adam Schneider
  • Lender
  • Raleigh, NC
Replied

Justin, If the lender DOES look surprised, you might want to look for a different lender.

  • Adam Schneider
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