Updated over 20 years ago on . Most recent reply
Investing using a land trust..
Currently I am in a lease option. I want to purchase the property however I am having difficulty getting financing due to my FICO score. After doing some research, I found that using a land trust may be a way to go in acquiring this property. I am not certain the expense of setting up a land trust. Will I need an attorney to do so or is there paperwork that will allow me and the property owner to set up a land trust? This just seems like a great idea, but I don't have the expert know-how to set up a land trust with no money out my pocket. Please shed some light.