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Updated almost 6 years ago,
Wrap Around or Seller Finance?
I just had a look a property I am interested in. It is priced well in spite of needed repairs. Seller used to be an Investor so offered me Seller Financing but just called back and said he would not be able to tell me how to do it but that he would accept a wrap around on the home.
I am way to new in the investing world to have any idea what a wrap around is but he said look into it. Can someone explain to me how that works exactly and it is a better option that seller financing? I will be researching after posting this but hope someone can guide me.
Thanks.