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Updated over 9 years ago,

User Stats

164
Posts
51
Votes
Gary Alford
  • Investor
  • Norfolk, VA
51
Votes |
164
Posts

Help!!! Wholesaling a trust held by the seller

Gary Alford
  • Investor
  • Norfolk, VA
Posted

What's up bp,

I have a deal I'm working in Philadelphia or more specifically Darby, Pennsylvania and i want to set it up to be as sweet as possible for my end buyer but need some help on how to do this.  

Now i can always just lock it up in a regular contract and assign it but the owner already owns it in a trust and is willing to just transfer her beneficiary rights. Which would save my end buyer a good amount of money on taxes and closing cost. 

Can anyone tell me how would i be able to do this and wholesale it.  Do i just need to do a contract to transfer her rights in the trust and assign that? Will that really protect myself from getting the deal stole from under me? 

Gary