The point being is that it's going to be a lot more difficult to borrow $20 Million Dollars than $2 Million Dollars.Don't get me wrong, if I had my "druthers" (as they say here in Hillbilly land), I'd rather have beautiful middle class rentals (nice single family houses would be ideal).

so the title is in the land trust : "Alex Smith Revokable Trust".

just maybe then since it is your land you can sell drilling rights!!!!

Keith,In my opinion, $100 a door is good........but: How much are you putting down, what kind of equity is in the property, what kind of shape is it in, what is the demographic of the neighborhood, and what kind of investor are you going to be?

Can someone please help this newbie understand the advantage of using a land trust vs a LLC when wholesaling REOs :D thanks

If you can sell a house in good sturdy shape in a few weeks, don't spend 12 months "making it perfect".

I would like to Specialize in Mortgage notes, Promissory notes, land contracts, Seller Carry-back financing notes, and Mobile Homes notes with land affixed, & people who do foreclosures and are interested in selling those notes in simultaneous closings.

It is just like freddie and fannie but it lends money to farmers for land.

If it's in good shape get it under contract.

Land records indicate that ~$280K is owed.