Setting Up Trusts for Subject To Deals

[Shawn Gibson]

Hi All,

I've developed a relationship that may lead to a "subject to" acquisition.  My plan is to flip the property and do right by the home owner, who I intend to make an equity partner in the deal.  I've heard of investors using Trusts during "subject to" deals (... the property goes into a trust, if the investor were to stop making payments, the property goes back to the owner with improvements, etc, etc, or something like that... I think).

My question is... how does this actually work?  How is it set up? and why is this beneficial?  I think a lot of my misunderstanding comes from the fact that I don't understand trusts.  Can you please explain this to me?

Thanks in advance,

-Shawn Noob2Long