What is a Wraparound Wrap Note Mortgage-Subject to-Land Contract

What is a Wrap Note, Wraparound Mortgages, in real estate along with buying houses Subject To, Land Contracts & All Inclusive Deeds of Trust. WOW! If all this sounds confusing, today Real Estate Attorney Bill Bronchick and I will explain & demystify how all this works with creative real estate investing to help you buy or sell your next house. In today's litigious society, us real estate investors must cover our assets when buying houses subject to, so using the Wrap strategy helps us make sure not only we're covered, but the seller's covered as well. We don't want a judge to think we're taking advantage of grandma & grandpa right?!?!?! You see, when you buy a house using the traditional Subject To strategy, it leaves the seller with no recourse should you decide or be forced to not make the payment. But if you create a Wrap note, then the seller has the power to come and foreclose taking back the house if you default. Today you'll see how that's all set up and further Bill will show us how we sell these houses using a Land Contract so we maintain ownership on title. Need Financing? Find out how much you qualify for in Business Credit Lines: https://www.fundandgrow.com/webinar-r... Download ALL of Bill's Wrap Note Documents here: https://aw8d9fb.aweb.page/p/ebbaaf8c-... 0:00 - Welcome & Mission 0:55 - Why judges don't like Subject to 1:39 - What is a wraparound Mortgage or Wraparound Deed of Trust 3:50 - Wraparound mortgage explained 5:55 - Why are wraparound mortgage important 7:52 - Attorney Bill Bronchick explains Wraparound mortgages 10:00 - Difference between a 2nd mortgage and a wraparound mortgage 11:30 - When to use Wraparound mortgages 13:30 - The best houses to use Wrap Notes on 15:30 - Wraparound Addendum 16:18 - All Inclusive Wraparound Promissory Note 17:10 - Wraparound Rider to Deed of Trust and Mortgage 18:18 - Land Contract explained 19:27 - Why don't we BUY houses like we SELL houses Follow Kris on Social media: Instagram:   / kris.haskins   Facebook:   / kris.haskins.7   Twitter:   / kriz1204   #Wraparoundmortgagerealestate, #Landcontracts, #Subject to    • What is a Wraparound Wrap Note Mortgage-Su...