All Forum Posts by: Lauren Fleming

I am purchasing a property in a Land Trust and the title company has the proposed insured as the name of the Land Trust. (Note: this is a simple cash purchase, not doing anything fancy with sub-to or getting a mortgage).  It seems like my name or maybe the Trustee's name should appear somewhere in the commitment (I am the beneficiary).  Title company says it's not necessary, but what is in my best interest? (I think they just don't want to do any more work than they have to).  Advantages or disadvantages to having my name personally appear in the title commitment somewhere? What do most investors do?

Don't forget you will need "seasoning" for your cash-out refi.  So you'll probably need to wait at least 3 months after purchasing it plus have it rented.  Unless there are any lenders that don't require seasoning?