Somebody told me what I can use wrap around mortgage to buy commercial property. It’s true or not.
If yes, how it works?
Thank you for help guys.
Somebody told me what I can use wrap around mortgage to buy commercial property. It’s true or not.
If yes, how it works?
Thank you for help guys.
Don’t see why you can’t. It will all depend upon your negotiation skills. It would or should work like residential.
It’s called a Master Lease Option. You can use them on apartment complexes, etc. Basically the same as a lease option.