I've been focusing on wraps instead of rentals because I find that the margins here in the DFW area are really tough to cashflow for rentals (if you are conservative with reserves). Also property taxes go up so much a...
Good Morning all, I am trying to buy my brother-in-law’s Airbnb and would like to utilize a wrap around mortgage to take advantage of his 3.25 interest rate/30 year mortgage. The loan is held with Chase bank. We are g...
My tenants approached me about buying the home that they've been living in for a few years. I have no attachment to the property and can probably do better with my cash elsewhere. If I were to sell it to them and ca...
We’re selling our home. Anybody have experience with Boyce Agency LLC and a wrap around mortgage? Thanks is advance!
A real estate agent pitched a mirror wrap deal deal to me. How it would work is that I would buy a new construction home from Lennar, and I would seller finance the property with Lennar currently they are offering aro...
Have a question that may be complicated... so I bought a property sub-to (current mortgage is 458k) I am going to sell the home on seller financing to a retail buyer for 699k. They will put 120k down amortized over 30...
Has anyone done one of these as a form of creative financing? I'd love to hear the details of your particular deal and how it worked out for you. Let me know.
A friend gave me a lead on a property. Basically an older lady became cat lady and hoarder lady. Family finally moved mom out of the house and they are looking to sell. I haven't seen the house yet but from what I ...
If i do a subject 2 and seller financing, do i give the title to the buyer and lose my advantage in depreciation, tax advantages and appreciation/equity? Then does it go the same with lease option?
When doing a wrap mortgage, what kind of contingencies should be included, like when & how can i back out/ renegotiated in a deal, or should i included a time period to find buyer?