If a regular bank loan is not a fit right now — for example if you are self-employed, have a short work history, or are new to the area — you can ask about homes Greg Sorum is selling through Investment Brokers LLC. Some of those homes may be offered with seller financing, a subject-to purchase, or a wraparound structure. Terms vary by property and are only finalized in a written agreement.
On some properties, the seller may carry part of the purchase price. You and the seller agree on a down payment, a payment schedule, and other terms, and those terms go into a written contract. This is not a bank loan, and it is not offered on every home.
On some properties, you may be able to purchase the home while an existing loan stays in place and you take over the payments. This structure is not available on every property, and it carries important risks — including that the existing lender may have the right to call the loan due when the property changes hands. Get independent legal and financial advice before moving forward.
On some properties, you make payments to the seller under a new agreement that “wraps around” an existing loan. The existing loan remains in place. Terms vary, and the same kinds of risks can apply, including a due-on-sale clause on the underlying loan. Nothing is final until it is in a written agreement.
This page is not a mortgage application, not a credit application, and not a promise that a home or a set of terms will be available. Share a little context and we will follow up if there may be a fit.
People who want to buy a home in Minnesota or Florida and who may not be a fit for a traditional bank mortgage right now — including people who are self-employed, have a short time on the job, are new to the area, or whose credit is still rebuilding.
Investment Brokers LLC offers homes that Greg himself is selling. We do not promise that every person who inquires will be matched to a property, and we do not promise approval, a rate, or specific terms.
We welcome inquiries from all interested buyers. We do business in accordance with the Fair Housing Act and the fair housing laws of Minnesota and Florida.
Is this a bank mortgage or a loan from Investment Brokers LLC?
No. Investment Brokers LLC is not a mortgage lender and does not make loan underwriting decisions the way a bank does. Some of Greg’s homes may be offered with seller financing, a subject-to purchase, or a wraparound structure. Those are purchase arrangements on a specific property, not a promise of financing.
Do I need a certain credit score? Is there a “no credit check”?
We do not promise approval, a rate, or a “no credit check” purchase. Credit and other facts can matter, and terms vary by property. If your credit is rebuilding, you can tell us that on the form. In some cases Greg may also consider introducing you to a credit-help specialist. That introduction is not automatic and is not a promise of a result.
What should I know about subject-to and wraparound purchases?
In those structures, an existing loan on the property often stays in place. Many loans include a due-on-sale clause, which can allow the underlying lender to require full repayment if the property is transferred. These transactions have risks for both sides. Please review the Disclosures page and get independent legal and financial advice.
Are these homes in Minnesota and Florida?
Those are the markets we work in. Availability depends on the properties Greg is offering at the time, and licensing and offer availability can vary. Completing the form does not reserve a home.
We do business in accordance with the Fair Housing Act and the fair housing laws of Minnesota and Florida. We do not discriminate on the basis of race, color, religion, sex, disability, familial status, national origin, or any other characteristic protected by federal, Minnesota, or Florida law. Equal Housing Opportunity.
Share your name, how we can reach you, and a little context. This form is not a mortgage application and is not a credit application.
Seller-financed, subject-to, and wraparound purchases. Some homes offered by Investment Brokers LLC may be sold with seller financing, a subject-to purchase, or a wraparound mortgage, depending on the property. These are not bank mortgages. Investment Brokers LLC is not a mortgage lender and does not guarantee that any buyer will be approved, matched to a property, or offered any particular terms, rate, or payment. Terms vary by property and are subject to a written agreement. Subject-to and wraparound transactions often leave an existing loan in place. That loan may include a due-on-sale clause, which can allow the underlying lender to call the loan due if the property is transferred. These structures carry risks, including loss of the property and other financial loss. Buyers should obtain independent legal and financial advice before entering into any such transaction. This page is not legal, tax, or financial advice. We do business in accordance with the Fair Housing Act and applicable Minnesota and Florida fair housing laws. Equal Housing Opportunity.