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Hi all,

I'm a newbie investor who is interested in buying my first property to live in. I guess that makes me a potential first time home owner as well!

My plan is to buy my first home via an owner in pre-foreclosure.

Is there any reason for me to incorporate for this purchase? Or buy via a land trust?

The only obvious reason I see to incorporate is if I eventually move and decide to rent out this property. The limited liability would make sense at that point. Surely I could just wait until that point to form my corporation, correct?

As for the land trust, besides the anonymity, is there any benefit? Does it allow me to assume without invocation of a due on sale clause?

I appreciate any insight any of you can give.
Thanks a lot in advance!