Can a rehabber / fix and flipper use a Subject-To exit strategy or a Wrap Mortgage to their advantage, all the while eliminating the dreaded Phantom Tax??
For that matter, what is a Subject -To ?? What is a Wrap Mortgage?? What is Phantom Tax ??
Join subgroup leader Caron as she welcomes TIm Siebelink who will share his extensive investing knowledge regarding when to use subject -to versus using a wrap mortgage and how to avoid phantom tax !!!
Tim Siebelink has been investing real estate for over 20 years.. He loves to find win - win situations by being very creative in both the purchase and the sell. He has bought and sold real estate using everything from traditional financing, seller financing, subject-to's, wrap mortgages, long term leasees to own, wholesaling and several creative financing methods. His first love though is Notes, by either creating his own paper with seller financing or by purchasing exciting paper..