Land Trust

[Chris Littell]

Im a Newbie,

I have recently been told that establishing land trusts for real estate investment deals is a good stratagey to separation between personal liability and business investments. This source described how they look for seller financing deals and then put a give a down payment to the owner. While making the owner and entering into a trust agreement. Naming the seller the trustee and the investors LLC or Corp. the beneficiary of the trust.

Does anyone reading this have experience with forming a land trust and closing a deal similar to this?

[Laura Richards]

@ Chris 

@Chris Littell the land trust does not get you around the due on sale clause you are referencing. I wrote a blog post about this very topic and there was some discussion about it on the Facebook group Land Trusts for Investors that you should also read.

The post was the most recent entry to the blog so if you just go to richardslawfirm.blogspot.com you will see it.