Land Trust Question

Commercial Real Estate Broker · Fontana, CA · Member since 2008 · 68 posts · 20 votes

Does land trust help an investor in the title seasoning issues? I keep hearing different things. Can I get an answer from someone with experience?

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Bill ExeterBusiness Member
1031 Exchange Qualified Intermediary · San Diego, CA · Member since 2008 · 1k+ posts · 1k+ votes
17y
I agree with Dan.
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Jim S
Real Estate Investor · Virginia, DC &, MD · Member since 2008 · 261 posts · 71 votes
17y
What's the difference between a LLC and a Land Trust?
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Jim S
Real Estate Investor · Virginia, DC &, MD · Member since 2008 · 261 posts · 71 votes
17y
I know what a LLC is but am not sure what a Land Trust does and how it varies from a LLC.
Why would you use a LT over a LLC?
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Jeff TumbarelloPro Member
Real Estate Broker · Fort Myers, FL · Member since 2008 · 1k+ posts · 323 votes
17y
If the deed clearly ststes the duties of the trustee, everything gets real simple
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Jodi Funke
Transactional Lender · Covington, KY · Member since 2008 · 18 posts · 1 vote
17y
I do a lot of short sales and I know that because of the seasoning issues I will now need to get the deed as soon as I meet the owner. That way by the time that I have the end buyer ready to close the 90 day seasoning is over, but right now I have a few deals that I am working on that I didn't do this and I am scrambling trying to find a way around it. Does anyone think there is a way you could put the original owner and the end buyer on the land trust together? That way there is no break in title.
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