To protect the purchaser of the wrap-around mortgage, Texas Senate HB 43:provides for wrap payments to be held in a constructive trust by the seller for the benefit of the buyerestablishes that anyone collecting or receiving a payment from a wrap borrower in connection to a wrap mortgage owes a fiduciary duty to the borrower for the paymentsdiscloses the nature and risks of wrap transactions to buyers and offer consumers the right to rescind transaction/agreement when disclosures are not made timelydefines “wrap mortgage loans” as a residential mortgage loan:made to finance the purchase of residential real estate that will continue to be subject to an unreleased lien that attached to the property before the loan was madesecures debt incurred by a person other than the wrap borrower that was not paid off at the time the loan was madeobligates the wrap borrower to the wrap lender for payment of debt, the principal amount of which includes the outstanding balance of the debt and any remaining amount of the purchase price financed by the wrap lenderclarifies that a wrap mortgage loan may only be closed by an attorney or title companyprevents “house flippers” from registering as financial service providersprohibits a person from making wrap mortgage loans unless the person is licensed or registered to originate or make residential mortgage loansThe new law goes into effect on January 1, 2022.

I helped a client purchase a property in Roseville (Not Rocklin.. but close) that had an ADU they rented as a mid-term rental.

My first real estate purchase was my own house and I bought a condo that fit me and is now a good rental many years later after moving. 

You can absolutely look into purchasing another property, but I would also work with your CPA to explore other tax strategies around retirement for you and your team (ex.

I haven't purchased a property in the greater SLC metro since Nov 2021 when I purchased a fouplex in Payson. 

REALTORS® shall recommend that sellers/landlords obtain the advice of legal counsel prior to acceptance of a subsequent offer except where the acceptance is contingent on the termination of the pre-existing purchase contract or lease.

I ended up starting a property management company since most of my clients were investors buying rental properties in Austin, and now I primarily help other investors purchase their investments, and manage them. 

For people who want to learn how to buy and run properties, I have personally seen Lifestyles employees go on site to evaluate a potential purchase with a prospective member buyer.

Purchase price: $219,000 Cash invested: $219,000Found another dump in a great location.

What is the purchase price ?