Anyone heard of this technique ?

[George P.]

Was listening to some teleclass and the guy mentioned the following technique against unethical investors (to protect wholesaler's interests when wholesaling a property): 1) record an affidavit and 2) record a mortgage.
Does anybody know about the second part (recording a mortgage) - how does it work?

Thanks in advance!

[Nick J.]

dunno what they mean with the mortgage part of it.

If you're wholesaling, you can always record an 'Option memorandum' clouding the title in your favor.

Then again, if you're dealing with shady investors that are going behind your back, you shouldn't be selling to them to begin with