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Updated almost 11 years ago on . Most recent reply

User Stats

56
Posts
12
Votes
Swat Khan
  • Multi-family Investor
  • Southern, CA
12
Votes |
56
Posts

Entity: Buying apartment building trust?

Swat Khan
  • Multi-family Investor
  • Southern, CA
Posted

Edit: should say "Buying apartment building using a trust?"

(Sorry hit submit before I could edit the subject.)

Dear BP family:

We just had an LOI accepted on a 44-unit that is about 8 miles from our 188-unit. I am in charge of getting the purchase and sale contract put together.

1. My partner and I were wondering if using a Land Trust would be useful for for added security and anonymity?

2. Can we just use a standard Texas Land Trust like you would use on a single family residence?

Anyone have experience using trusts for anonymity for apartments?

Thanks in advance.

-SK-

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