Larry, That would be one method, but would depend on the lender.If the property has not yet been purchased, you could buy it using an LLC, get the commercial loan in the name of the LLC and then transfer the ownership of the LLC, but this would also depend on the specific lender.The best option I see in this situation is to use the land trust.If you do not care about the new buyer knowing what your profit is, why not simply assign the contract to him/her for yoiur spread, and forget about the LLC and land trust?

The payment would have to be taken care of by me…but I don’t know how much that would cost me.

A society that relies on government programs to "take care of them" is doomed.Our country was made great by independent men and women.

You need to be very careful to stay within license law, as well as not get into any conflict with your Principal Broker.

Care to elaborate on what position one must be in to get financing?

I wouldn't care.

A tax lien will take priority over a mortgage lien, so be careful.

At this margin....no one cares about credit.

But remember it’s not always a price and building when buying international (overseas) one also need to check the climate, political stability, economic conditions, health care, letting potential & law n order situation.

I also have had agents dislike when I put a property status as "contingency contract" but until all contingencies are taken care of, there is the possibility it will not close.