William Bronchick – Create a Cash Cow Using Wraps 2021
$62.00
(This course is available for immediate delivery!)And, if you have an unexpected repair, you may be in the red for several months before the cash flow comes back to normal again.
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Description
William Bronchick – Create a Cash Cow Using Wraps 2021
Learn How to Create a Real Estate
CASH COW in Any City or Economy!
Be able to achieve this incredible goal… even if you have little or or no cash or credit with William Bronchick’s
“Real Estate Cash Cow” program!
Do You Want Consistent Cash Flow Without
the Aggravation of Dealing with Tenants?
Get William Bronchick – Create a Cash Cow Using Wraps 2021 download
Most investors plan on retiring by acquiring rental properties for cash flow. The problem is, until you pay off your mortgages, each property will only generate a few hundred bucks a month. And, if you have an unexpected repair, you may be in the red for several months before the cash flow comes back to normal again. In the meantime, you have to deal with tenants, toilets, and the headaches of property management (unless you have a property manager, and that eats significantly into your profits).
If you want cash flow NOW every month without the headaches of rentals, then listen carefully to a concept
that I will introduce to you. It’s called a “wrap” or “wraparound”. A wrap is an owner-financing transaction that creates hundreds of dollars a month in instant cash flow – FOREVER (well, 30 years, which is ALMOST forever if you are over the age of 50!).
A wrap sale puts ALL of the responsibility for repairs, insurance, taxes, and maintenance on SOMEONE ELSE, which means it’s a truly PASSIVE form of income. And, you can deal in NICE houses in NICE neighborhoods, instead of the typically low-income rental property, which is usually some cracker box built in the 1950’s!
Here’s What is Covered in this Online eCourse
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Get William Bronchick – Create a Cash Cow Using Wraps 2021 download
Session 1: The Nuts & Bolts of Wrap Transactions
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.
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Session 2: Buying Properties on Wraps
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.
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Session 3: Selling Properties on Wraps
You will learn how to SELL properties on wraparound AITDs, mortgages, and land contracts, getting top dollar and selling them QUICKLY and EASILY getting sizable down payments! Learn how to qualify buyers and comply with lending regulations like Dodd-Frank and the SAFE Act.
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Session 4: Legal, Tax, and Compliance Issues
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.
Get William Bronchick – Create a Cash Cow Using Wraps 2021 download
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