Whether you are brand new to real estate or a seasoned expert, this session involves an in-depth look at the workings of wrap transactions. Covers title, deeds, mortgages, deed of trust, land contracts (aka “contract for deed”), notes, AITDs and wraparound mortgages. You will have a complete understanding of these concepts as the building blocks to wrap transactions.

You will learn how to buy properties on wraparound AITDs, mortgages, and land contracts, using little or no money down and without credit. Learn how to find motivated sellers willing to do these transactions and how to negotiate and put them in writing.

You will learn all of the important legal issues involved in buy and selling on wraps, including how to document the transactions from contract through closing. Learn how to minimize taxes, dealer issues, installment sales, and reporting requirements. Learn how to deal with the Dodd-Frank regulations and state SAFE Acts, as well as Truth-in-Lending, Reg Z.