It sounds like all he did was take over someone's mortgage and then sell the same house to someone else on a mortgage for 3 times the price. Why is this so mind blowing?
@donnell.connor.3♥ 92023-06-05
It’s called a wraparound mortgage old news been doing it since the early 80’s
@longbeachcustombaggers♥ 32023-06-09
Question . Why would someone give up the property for 75% below market ?
2nd question if the loan was in default, why would the bank allow someone to assume the debt for 75% below market ?
Everyone online seems to be desperate to take advantage of others ignorance.
I’m a fan of Grant, although these type of videos make me think twice now .
Revisit the content grant 🫡
@benjaminmaekopo♥ 32023-06-07
So what happens when they fail to pay their loan...how do you mitigate the risks?
@antzman66♥ 32023-06-05
Thats business sweethearts.
@blackmamba_cs♥ 32023-06-05
That’s old school. But banks stoped it after people jumping from windows. And then Germany introduced again it at bankrupted countries with troika. But again why should the bank sell u the loan if it’s getting paid!!! So it’s not getting paid then. It works but it’s cold. And don’t forget the government.
@jgrindzzx242023-06-12
🙌
@badhoke2023-06-10
Cardone got wood daydreaming about new and improved ways to defraud folks.
@misterfoodreviews2023-06-08
Assume Debt+ Resell Debit = Profit. Assuming the new buyer put down 20%, Seller Mitigated approximately 60% of the original debt putting Seller on the upside, not including any available equity. Simple Play.
@improv34com2023-06-05
The full Version of his great reaction is online 🔥🔥 enjoy and dont forget to do something productive daily! We call that IPAs, income producing activities :>
@armand_alweis_2023-06-05
@armand_alweis_2023-06-05
BULL 💩
@king_greenbeast2023-06-05
Who is the young guy?
@desiree888v2023-06-05
Who is he?
@vitorbferna2023-06-04
someone explain please 😂
Content ideas (0)
No ideas generated yet. Run /instagram-sync ideate from Claude Code to create some.
Comments (15)
It sounds like all he did was take over someone's mortgage and then sell the same house to someone else on a mortgage for 3 times the price. Why is this so mind blowing?
It’s called a wraparound mortgage old news been doing it since the early 80’s
Question . Why would someone give up the property for 75% below market ?
2nd question if the loan was in default, why would the bank allow someone to assume the debt for 75% below market ?
Everyone online seems to be desperate to take advantage of others ignorance.
I’m a fan of Grant, although these type of videos make me think twice now .
Revisit the content grant 🫡
So what happens when they fail to pay their loan...how do you mitigate the risks?
Thats business sweethearts.
That’s old school. But banks stoped it after people jumping from windows. And then Germany introduced again it at bankrupted countries with troika. But again why should the bank sell u the loan if it’s getting paid!!! So it’s not getting paid then. It works but it’s cold. And don’t forget the government.
🙌
Cardone got wood daydreaming about new and improved ways to defraud folks.
Assume Debt+ Resell Debit = Profit. Assuming the new buyer put down 20%, Seller Mitigated approximately 60% of the original debt putting Seller on the upside, not including any available equity. Simple Play.
The full Version of his great reaction is online 🔥🔥 enjoy and dont forget to do something productive daily! We call that IPAs, income producing activities :>
BULL 💩
Who is the young guy?
Who is he?
someone explain please 😂