How to Owner Finance from a Land Trust
I've asked this question before and haven't received a single response, but I'll try again. I want to buy a property sub2 by using a land trust. I would have beneficial interest but the deed would be in the Trust's name c/o Trustee. Is it possible to owner finance a house to a new buyer having just the beneficial interest? If so, what would be the process? Would I sell my beneficial interest to a buyer in exchange for a note, collateral assignment of beneficial interest and some kind of security agreement? Has anyone ever done this? I would really appreciate hearing from anyone with experience and knowledge on this topic.