Updated over 6 years ago on .

Legal Steps with Seller Financing
In Ohio. Got a solid lead on seller financing a 4 unit. Here's my understanding...please correct me if I'm wrong.
- Sign purchase contract
- Create a trust for the property
- Assign trust beneficiary to my LLC
- have deed signed and held with seller's lawyer in case seller dies/incapacitates
What else should I know? What are some of the associated costs with closing this way? thanks!