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Podcast: BiggerPockets Daily
Episode: What Is A Wraparound Mortgage? by Anthony Greer
Description: A wraparound mortgage is a financial option for real estate investors and traditional home buyers. In many cases, it can be a more desirable alternative to other non-conventional funding sources and can benefit both the buyer and seller. However, wraparound mortgages also come with their own set of risks, so you should be well-informed before getting into one.In this article, we’ll explain what a wraparound mortgage is, how they work, weigh the pros and cons, and discuss alternative loan options worth considering. What is a Wraparound Mortgage?With a wraparound mortgage, the...