Wraparound Mortgage 101: How Wraps Work, When to Use Them, and Required Disclosures скачать в хорошем качестве

Wraparound Mortgage 101: How Wraps Work, When to Use Them, and Required Disclosures

What is a wraparound mortgage, how does the money flow, and when should you use a wrap instead of going straight subject‑to? In this video, attorney‑investor Scott Horne breaks down acquisition wraps (including mirror wraps with balloons) and exit wraps when selling to a homeowner, plus the paperwork, disclosures, and servicing best practices that keep you out of trouble. You’ll learn: Wrap basics & money flow (borrower → you → underlying lender) When an acquisition wrap makes sense (e.g., adding a balloon the seller wants) Using wraps when selling: higher price, higher rate, more exit options Note sale strategy (why wraps can 3–4× profit vs. a basic flip) Proper buyer processing (RMLO, reasonable DTI) The documents you need (wrap note, wrap deed of trust, deed provisions) Key disclosures (do‑on‑sale, underlying debt, state forms; TX requires English/Spanish) Loan servicing setup to protect everyone If this helped, 👍 Like, 💬 Comment, and 🔔 Subscribe for daily creative‑finance training. Chapters: 00:00 Intro & why wraps matter 00:18 What is a wraparound mortgage 00:50 Money flow in a wrap 01:11 When to use wraps vs. subject‑to 01:44 Mirror wrap example + adding a balloon 02:55 Renew & extend with the seller 03:25 Using wraps when selling to a homeowner/investor 03:54 Why wraps: price, rate, repairs, exits 04:31 Note‑sale strategy to 3–4× profit 05:25 Qualifying buyers: RMLO & DTI 06:23 Required documents for a wrap 06:59 State disclosures (TX English/Spanish) 07:16 Do‑on‑sale & loan servicing setup 08:01 Title insurance & closing costs 08:27 Wrap‑up & next steps Scott Horne has been a real estate, title attorney, and investor for over 30 years. Over this time, he has purchased, rehabbed, and sold over 7,000 single family homes. Through his companies and law office, he has transacted over 10,000 creative finance deals. Scott’s experience as both an attorney and an investor puts him in a unique position to help you navigate this tricky business every step of the way. ✅ 𝐑𝐞𝐚𝐝𝐲 𝐭𝐨 𝐬𝐭𝐞𝐩 𝐮𝐩 𝐲𝐨𝐮𝐫 𝐠𝐚𝐦𝐞 𝐚𝐧𝐝 𝐥𝐞𝐚𝐫𝐧 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐨𝐰𝐧𝐞𝐫 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠? 1. The Subject To Mastery https://www.theownerfinancenetwork.co... 2. Everything You Need to Know About Liens https://www.theownerfinancenetwork.co... 3. Scott Horne’s Owner Finance Real Estate Investment Training https://www.theownerfinancenetwork.co... 4. Owner Financing for Realtors https://www.theownerfinancenetwork.co... ✅ 𝐃𝐨𝐧’𝐭 𝐟𝐨𝐫𝐠𝐞𝐭 𝐭𝐨 𝐟𝐨𝐥𝐥𝐨𝐰 𝐮𝐬 𝐨𝐧 𝐨𝐮𝐫 𝐨𝐭𝐡𝐞𝐫 𝐬𝐨𝐜𝐢𝐚𝐥 𝐦𝐞𝐝𝐢𝐚 𝐜𝐡𝐚𝐧𝐧𝐞𝐥𝐬 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐟𝐫𝐞𝐞 𝐭𝐢𝐩𝐬! Instagram:   / ownerfinancenetwork   Facebook:   / ownerfinancenetwork   Twitter:   / ownerfinancenet   ✅ 𝐍𝐞𝐞𝐝 𝐡𝐞𝐥𝐩 𝐰𝐢𝐭𝐡 𝐚𝐧 𝐨𝐰𝐧𝐞𝐫 𝐟𝐢𝐧𝐚𝐧𝐜𝐞 𝐭𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧? 1. Legal Services https://www.theownerfinancenetwork.co... 2. Title Services https://www.theownerfinancenetwork.co... 3. Note-Pro Services https://www.theownerfinancenetwork.co... 4. RMLO Services https://www.theownerfinancenetwork.co... 5. Loan Servicing https://www.theownerfinancenetwork.co... #ownerfinancing #subjectto #realestateinvesting