If you sell a home on a land contract and the buyer pays you a mortgage payment and you pay the previous mortgage yourself, what happens in the event of buyer default?

I have a lady, Inga, wanting to sell her property for $80,000 that is worth $100k to $110k. (she put $30,000 into the rehab and has a $50,000 home equity loan)

I have another lady, Gertrude, wanting to know if I w...

We are working with a seller in foreclosure. There is quite a bit of equity in the home and it only needs minimal upgrades and repairs. The foreclosure sale date is fast approaching...only a few days left. The s...

I'm looking at a condo in a couple of days. The owner is willing to do a sub2 for only the outstanding amount. I can't rent it. I have an end buyer in mind and plan to wrap the note. I've never bought a condo befo...

Hi all, I have a property I am trying to sell to another investor; who is wanting me to carry the note. I don't mind "Wrapping" the mortgage, but not sure how this actually gets completed and the steps involved. ...

I have been hearing a lot about wrapping mortgages, can someone please explain to me how this is done. Also do you guys recommend a starter try this strategy?

Do you guys know of any resources that explain about wraps? I need to know more about them, and balloon payments. Id like to do a wrap with a 2 year balloon, incase a lease option tenant cant get financed. Id like to ...

Seller has a mortgage for 125k and wants at least 25k cash as a downpayment.   If I give her 25k down and take over the mortgage of 125k then our purchase contract should be for 150k, right (125 + 25)???  Also, how wi...

Hey there,I'm looking for my first investment property and something came up that my be in our interest. My mother in-law has a SFH in the Houston TX area, and she's having some financial trouble for the past year and...

I am seeking a creative solution for a deal I'm in. Here's the jist ..

I bought a SFR for 63, 10% down, seller finacne (SF) for 5 years, amortized 30, baloon after 5, 6% rate. My totals costs for repairs, etc. anothe...