Updated over 9 years ago on . Most recent reply
Attorney asked me about setting up my SUB2
I have the attorney setting up a sub2 purchase. They are making a trust called "previous owners name" so the deed will transfer into that trust with myself as the beneficiary. But, they said it will flag the mortgage holder when the taxes and insurance change into my name. I said, "can you not just put those into the name of the trust as well?" I have not gotten an answer back but what am I missing here? How do you setup your SUB2 deals?