Wholesaling a property in a land trust

[Brandon Franklin]

The good news is that my offer got accepted (high five) but the not as good news is the property is in a land trust and I'm not sure how that will change the wholesale process. As I understand, it actually makes it easier but I'm wondering if anyone has had experience with this before and could offer some guidance. The property is in Georgia if that makes a difference. I think it will be more of a fix and rent as there will only be about $10-15k in equity after repairs but the going rent in the area for the purchase price is pretty stellar. There's only about $700 in closing costs which the seller offered to split. I have about 1-2 weeks to line a buyer up for the property but I think the scarcity of rehab deals these days will make it easy to sell quickly. Thoughts?