REO's Landtrust
Let me re phrase my question. Flipping REO's via Landtrust or Trust.
Through my research, if a property is already foreclosed, you will have to negotiate with the bank, to almost 40 cent on a dollar in some cases, to turn over property into a trust and have the buyers set up ready for purchase of the trust. Correct me if I am wrong, because if this is the case, the buyer themselves can go directly to the bank and buy the REO himself, and what does he need with a middle man. So I am basically trying to figure out what is it that I can obtain from this without coming out of any money of my own, with a smooth transition on obtaining these properties and putting them in a trust, to sale, or for myself to rent to tenants. Any solutions