If you go on the "Meetup" app and type in "*my local area* real estate investors" this will be a great place to start.

A wrap-around agreement is a type of secondary mortgage financing and involves the buyer paying the seller directly for a residential property — often at a higher interest rate than the original mortgage.

Does anyone have experience with these type of loans?

OTH, I think most of the seller financing issues are consumer driven, the banks never did have a slice of that market nor would or could they, and still can't.An HML type needs to be aware of such issues as they will be working closely with banks and will want a good reputation and working with the public, they had better keep fairness in mind as well.

I deal with development opportunities where I can and synergies between local businesses.Then I have my operations manager who handles most of the day-to-day management of the properties, and they manage some of our contractors and managers.Our model is a little different than large parks because we have regional managers that cover multiple communities vs a single one.The pain point right now is mainly having consistently qualified contractors and filling vacant spaces as quickly as we can.

What made you interested in investing in this type of deal?

I understand the long term investment profitability but, waiting for ten years and staying afloat if these scenarios became part of your situation, it looks like you need quite a bit of money sitting around to cover these types of predicaments.

The renovations was not ADU type work just to be clear.

With this house being bought in full the plan is to get a HELOC or HEL to purchase another property when finished.What made you interested in investing in this type of deal?

Typing out EVERY SINGLE income and expense in my life, personal or business.