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Protected: Weekly Graduate Call 10-15-2009
October 21, 2009 in General R.E., Graduate Group Call, Step 07: Fund Your Deals
Protected: Weekly Graduate Call 10-8-2009
October 21, 2009 in General R.E., Graduate Group Call, Step 07: Fund Your Deals
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Protected: Weekly Real Estate Graduate Call 10-1-2009
October 13, 2009 in General R.E., Graduate Group Call, RESIDENTIAL R.E., Step 07: Fund Your Deals
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Creative Financing – Wrap-around Mortgage
October 7, 2009 in Graduate Group Call, RESIDENTIAL R.E., Step 07: Fund Your Deals
What is creative financing? Commonly used phrase which involves non-traditional types of funding that are not commonly used. Most of these techniques involve the seller not having to use much or any of their own money. Lease Options Subject2 deals Hard Money loans Seller financing Private loans Wrap-around Mortgages Definition of Wrap-around mortgage A seller financed deal where the sellers existing loan stays in place and a 2nd loan agreement is created between the seller and the new buyer. Example Owner of a property has a $100k existing mortgage at […]