Part 10 Mortgages: Creative Financing Flashcards
1
Q
New money cash flow =
A
Wrap debt service – Assumed loan debt service
2
Q
New money amount (Vnm ) =
A
Total wraparound (Vw ) – Assumed loan (Val )
New money cash flow =
Wrap debt service – Assumed loan debt service
New money amount (Vnm ) =
Total wraparound (Vw ) – Assumed loan (Val )