“All of these people are simply striving for the American dream of home ownership, and providing a better life for their families.”A wrap loan involves the sale of a house with a preexisting lien.

I know this is the circumstantial question, but is it cheaper to build on an empty plot of land, or demolish a pre-existing and use the sewage, water and electrical lines that were already established ?

We are also looking at pre existing homes as well hopefully we can find something relatively soon.

Our goal is to start investing by flipping SFHs to increase our preexisting capital for investing as well as MFHs for buy-and-hold strategies.

Afterwards you do a streamline refinance with a VA IRRL (interest rate reduction loan), which is a no documentation, no appraisal refinance that is at no cost to you that can only be done on a pre-existing VA loan.

Frank Sanchez Agreed never good to argue work was pre existing as it's date coded.

This is a realtor I did a standard MLS deal with 5 years ago, and he stays in touch with me -- so we kind of have a pre-existing relationship.

I would love to shop around however I cannot because my wife and one of my children have pre-existing conditions.

So as long as I keep my "advertising" to friends and family (pre-existing relationships), can I just give my proposal and presentation to family and friends, and once they agree on something, head to a lawyer to create the note between us?

I have a unique situation where a neighbor wants a preexisting easement going through my property moved and is now asking for a subordination agreement from my mortgage company to protect the move.