Wholesaling
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
Help!!! Wholesaling a trust held by the seller
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