Showing posts with label when to use a wrap around mortgage. Show all posts
Showing posts with label when to use a wrap around mortgage. Show all posts

Monday, September 6, 2021

Wrap Mortgage, what is it and how do you use it



The Wrap Mortgage is a technique real estate investors use sell a house and keep cash flow.  Why would someone wish to do that?  Maybe you are the type of investor who doesn’t like the concept of tenants?  You don’t like property management or you don’t like the thought of someone else trashing your place.  I totally get that as a long-time landlord.

This technique allows you to sell a house to Buyer and be the BANK!  You still keep cash flow after the sale.  And it allows you to have an existing mortgage on the property.  Being the BANK is actually a great concept.  The Buyers send you a check every month to make their payment.  If they ever stop, you foreclose, just like a Bank.  

It will be difficult to show you this technique but the video makes it crystal clear with a real math example.  Take a peek and call me with questions. 



If you need to buy or sell a home, see us at www.5kflatfeelisting.com.  We look forward to hearing from you. 


Buyers get: Sellers get:

FREE Home Inspection 5k Flat Fee Listing

FREE Termite Inspection FREE Home Inspection

FREE Home Warranty FREE Termite Inspection


Best,


Geoff Nowlin, Phoenix Realtor Brett Young, Cleveland Realtor

480-466-3737 (216) 703-5740

www.5kflatfeelisting.com by56083@gmail.com

nowlin.geoff@gmail.com

5K Flat Fee Listing Arizona

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