All Forum Posts by: Bimal Doshi

Hi Walt,

You cannot assign an REO, using and/or assigns.

Yes if I purchase from a motivated seller, that is the route you go.

Hi Darrell,

When you put the an offer, put your self as the trustee, only at closing you put the Beneficiary name and once the deal is done, collect as the fee from you buyer and resign as the trustee.

Thanks All, for the input.

I am not getting the answer I am looking.

easy to assign, no need to open an LLC or double close

When wholesaling using Land Trust, there are are two forms that you use

1) Trust Agreement

2) Assignment of Beneficial Interest.

At closing when you are assigning the beneficial interest, is there a separate form to specify your wholesaling fee, where is this actually specified?

Also is there a step by step process to wholesale using Land trust.

Thanks,

When wholesaling using Land Trust, there are are two forms that you use

1) Trust Agreement

2) Assignment of Beneficial Interest.

At closing when you are assigning the beneficial interest, is there a separate form to specify your wholesaling fee, where is this actually specified?

Also is there a step by step process to wholesale using Land trust.

Thanks,

When wholesaling using Land Trust, there are are two forms that you use

1) Trust Agreement

2) Assignment of Beneficial Interest.

At closing when you are assigning the beneficial interest, is there a separate form to specify your wholesaling fee, where is this actually specified?

Also is there a step by step process to wholesale using Land trust.

Thanks,

Bimal