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Updated over 3 years ago,
About Using Trusts etc.
I'm trying to determine the best and simplest way to disposition properties when wholesaling while maintaining anonymity and keeping my wholesale feel undisclosed when using an assignment. I am set up as an LLC. I understand the use of a trust is one way to achieve this. But isn't a closing statement still provided to buyer and seller?
Are buyers generally used to engaging trusts during purchases and generally comfortable and familiar with this?
Second, I understand another way to achieve my goals are via double closing in escrow (assuming a wholesale friendly title company is involved). This cuts into my profits a little but seems a simpler solution.