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Updated almost 17 years ago, 01/04/2008
buying REOs using land trust or llc
I'm working with a bank that will not allow me to assign a contract on an reo but they will allow me to buy using land trust or llc.
I have very little experience structuring a deal this way but:
will using a land trust allow me to close with the end buyers funds? and then I take those funds and pay the bank???
how can I show title to the end buyer's lender and let them know I have an interest in the property and able to sell?
need help asap
thanks