In the State of Texas, a Land Trust is used by investors mainly to effectively mask the identity of the owner.The common reason for needing to mask the owners identity is when someone takes over the mortgage but the mortgage stays in the name of the seller.

Hello everyone, I'm an extreme novice and am here to gain as much information as possible.I'm two years out of college and own a residential painting company (I'm scared of a real job).

Seems like 50% is pretty common for residential properties.

Hi Kelsey,I'm extremely confused here.The current value of the property is 490k?

Zero interest or some other extreme way to show that you do not mind the price if the seller provides free financing, waits for their money, etc.John Corey

Each SMLLC would take title to an undivided XX% interest in the real estate as a tenant in common.

This new mortgage holder has essentially doubled my adjustable rate mortgage, making it extremely difficult to pay.

If you buy condos and other similar properties where there is centralize maintenance for common areas that can be a benefit.Apartment buildings with onsite property management is another way to go.You also might need to learn a new legal process.

This is a great website with a ton of relevant and useful information for anyone involved in RE.I'm extremely envious of your location!

Remember, the people who would be most interested in your real estate tool are extremely busy so they do not have time to read a lengthy article.