William Bronchick – Create a Cash Cow Using Wraps 2021

Investors plan to retire by purchasing rental properties as a source of cash flow. Each property will only generate income until your mortgage is paid off. a Few hundred dollars a month. Unexpected repairs can leave you in the red for months before your cash flow returns to normal. Until then, you will have to deal with tenants and toilets as well as the headaches associated with property management (unless your company has a separate entity). a You are a property manager and this can significantly impact your profits.

Listen carefully if you want cash flow every month NOW without the hassles of renting. a concept

I’ll introduce it to you. It’s called a “wrap” Or “wraparound”. A wrap is a owner-A financing transaction that generates hundreds of thousands of dollars a Month in instant cash flow- FOREVER (well actually, 30 years which is almost forever if you’re over 50!).

Wrap sales place ALL responsibility for repairs, insurance and taxes on SOMEONE ELSE. a It is a passive source of income. Instead of dealing in low-quality houses in poor neighborhoods, you can sell NICE houses.-Rentable income property. This is often a crackerbox built in the 1950’s.

Session 1: The Nuts & Bolts of Wrap Transactions

No matter if you’re new to realty or an experienced investor, a This session is for the experienced expert.-A detailed look at wrap transactions. This article covers title, deeds and mortgages, as well as deeds of trust and land contracts (aka “contract for deed”(), notes, AITDs, and wraparound loans. You will be able to use the following: a Complete understanding of these concepts is essential to wrap transactions.

Session 2 : Buying Properties Wraps

This course will teach you how to buy property using wraparound AITDs or mortgages. You will learn how to find motivated sellers who are willing to complete these transactions, and how to negotiate and place them in writing.

Session 3 – Selling Properties Wraps

Learn how to SELL properties with wraparound AITDs or mortgages. This will allow you to get top dollar, sell quickly, and make large down payments. Learn how to qualify buyers.-Frank and The SAFE Act.

Session 4 – Legal, Tax and Compliance Issues

All of the legal issues involved with buying and selling on wraps will be covered, including how to document all transactions from contract to close. How to reduce taxes, dealer issues, installments sales, and other reporting requirements. How to deal the Dodd-Frank regulations, state SAFE Acts and Truth-In-Lending, Reg Z.