I walked to the house and met a man who says he was cleaning out due to the loss of their mother in some few weeks back.The guy told me she is  left with 12 years mortgage on the property to pay the bank.

Germany's resilience to global financial crises and its strong fiscal policies create a favorable environment for real estate investment.Moreover, interest rates in Germany remain at historically low levels, largely due to the European Central Bank's monetary policies.

Get a line of credit from a bank that leverages your equity without refinancing the properties.3.

I refinanced it into a  5% 30-year mortgage with a local bank as the seller would only carry the loan for a year.

When you go to a Bank or Credit Union, they can only offer you what products that bank or credit union offer. 

You are selling the wrap mortgage to payoff the lien (that you owe if you were the seller on a wrap).Probably 80% of the notes we buy we have a payoff to an underlying 1st lender where the seller on the seller financed note still owes money to a bank from when they bought the property.

I found a bank who would work with me and the SBA and the deal happened; I got the loan. 

it was an interesting process but basically, the novation allowed us to get the deal done without having to involve the banks. this was a huge motivation. that way I save on having to close twice. 

Bank Credit Line How did you add value to the deal?

and I was just one little mortgage guy with 450 loans out.. can you imagine the banks with hundreds of thousands of loans and servicing companies.. so having mass equity or paid for keeps this from ever being an issue. then when I sold these off.. most for cash but a lot I did a 30 to 60 month ZERO interest deal on.... and boy you should have heard the cash flow cool laid drinkers..