Not sure if this the appropriate category, but it seemed like the best fit:I've been reading about land trusts and I have some questions: If I want to buy a property I have to personally qualify for the mortgage which means the mortgage is going to show on my credit even if the property is transferred to a Land Trust, right?

There are tons of additional threads and setting up new entities if your equity exceeds $250k in one, raising capital, utilizing blanket and other insurance to protect you from claims, keeping debt on product to discourage suits, using trusts to hide assets, etc.

Again while California and some other states may have some better functioning condo markets, the lessens learned stem from the broad picture of the whole nation.

McKellar Newsom If the person is Canadian here are some banks:Harris bank (bank of montreal) will deal with loans 50% of purchase price but they will want to have a relationship with the buyer firstRBC Centura (RBC canada) not as picky to having a pre-existing relationship with clients and will do up to 70% of loan to valueWashington Federal- minimum investment $50,000 to $700,000 up to %65 of Loan to ValueTD Canada trust-not sure the details but I know some investors have used them.

Tenant makes check to PM, which PM deposits into trust account.

I would prefer going through a national bank because they offer amortizations up to 30 years, but I am not against going through local banks because that it what I have done thus far.

But look at the bright side, the Nation Wide guy saved my coffee!

They feel like they know me (and trust?)

There are too many good deals across the nation to settle for less.

It's key to work with people you trust.