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I'm looking to do a wrap around mortgage agreement with a family member. We would like to have an agreement drawn up by a real estate attorney. Any attorneys around the Cincinnati Ohio area on here I could contact?
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I am looking to purchase a distressed property here in NC. Purchase the property and rehab it for 25k. Property values in the area are in the 65k to 79k range. After repair I intend to sell the property with a wrap ar...
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I’ve been approached about a creative financing option (Wrap Mortgage). I’m the seller of the property. I’ve dug into a little research but most explanations come from buyers end and not the sellers. Is this beneficia...
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We are trying something new this year and have been inspired by Spotify Wrapped!Congrats to our Top Forum Posters in 2023!
The 8 passionate users have posted the most on the forums and have each published more that...
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Hello -I am exploring Owner Financing as a business strategy. However, I am unable to find any of the big banks who allow wrap around mortgages. I am admittedly still learning so, in all my readings may have missed ...
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Hi everyone, this is my first post here. It's regarding Seller Financing.I want to purchase a house in Houston that is owned by my cousin. As the interest rate that I'm getting is over 5.875% nowadays I was thinking a...
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Who pays the insurance and property taxes on a wrap around mortgage? As of now, my taxes and insurance is not financed into my loan. If I owner finance and do a wrap around mortgage who's responsible for the taxes and...
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Have you had any experience with a wrap? What about when there is a due-on-sale clause? The theory goes, although the seller may have a due-on-sale clause, their lender, so long as they keep getting paid, won't care....
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I've got a house that the seller will accept a Wrap on (yes!) and I am thinking of keeping it for our future home, so want to pull equity out of it with a refinance. Would a wrap qualify me for a refinance? Or would I...
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who has experience in these wrap around that wouldn't mind mentoring me on them a bit? I've gotten a couple offers on my property in galveston, tx using one of these. I'd prefer not to but the little bit ive been abl...