What is a Seller Finance Wrap Around Mortgage | EXPLAINED!

Описание: In this training video, you’ll learn what a Seller Finance Wraparound Mortgage is. Along with how it works and when you would use it.

So today, I queried all Absentee Owners in the entire U.S., where the property value is above $300K, with at least 20% equity and they’ve owned the home for at least 2 years. And that number is: 7,284,401. This is mostly single-family residential properties because this is the ideal marketplace to do this.

Now for those of you that are just getting started, when we refer to wraps, we’re talking about seller financing where the owner is willing to basically be the bank and there’s an existing mortgage.

This is great real estate strategy when you don’t want to apply for a normal bank loan or have it on your credit report.

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👁 Who is Chris Goff?
Chris Goff started Real Estate Investing in 1999. Chris didn't have any money to work with, so he was interested in learning 'no money down' real estate strategies. Since then, Chris has spent the last 2 decades building wealth in real estate along with building the #1 Real Estate Investing Software Program for Real Estate Investors… REIPro.

*Thank You!
I would personally like to welcome you to our family where we actively seek the future. I’m just trying to inspire you to get started in the cash generating business of real estate investing. I’ve have helped thousands of people like you make thousands of dollars. Whatever your real estate investment goals are, I wish you much success. I will do everything within my power to help you become financially independent, and help you love to be alive. Be sure to subscribe and click the notifications bell to be notified of my newest training videos.

#creativefinance #sellerfinancing #ownerfinancing