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...
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...
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...
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 ...
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...
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...
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?
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...
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....
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...