Mike Gardner,Have one of the moderators change your title to include the exact area that you need the Attorney in.Raymond

The one with marketable title is the owner, and that's the borrower, not the lender.

At the Keywords site there is a column titled SMS (PRO only).

I notice a decent amount of homes in my area have a trust listed on the title as the owner.

I believe some title companies can handle this.

courts can drag it out in divorce, death or bankruptcy and keep property from being sold. you name it even title problems can pop up for a bank.

But in this case, I feel obliged to do so in order to warn others before they put down $10,000 of their hard-earned money.I have been a "Preferred Investor Group"(PIG) member in San Antonio for a little bit over a year or so and have purchased 2 houses thru Lifestyles.I choose to post with a psedo identity as it is not pragmatic to criticize a organization after paying a hefty sum in advance (which effectively precludes you from using services from other organizations).I disagree with some of you who may claim that some of the below points are trivial.

Who has title to the property in this case?

Apparently on January 18th, Fannie and Freddie announced changes to title transfer requirements.

He mentioned that he had a friend that set up each rental property under a separate LLC (thru Deleware) and also had one LLC that acted as an umbrella to all the other LLC's.I originally thought it would be nice to have my name in the title of my LLC, an ego thing I guess but I have recently had a change of heart.