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Effectiveness of Land Trust in Texas for anonymity
There is no shortage of content on the benefits of a Land Trust but I am curious as to whether there is truly an anonymity shield created by using one, especially in TX.
I ask because it seems like a majority of i...
Karen Egypt
Land Trusts in Michigan?
I plan to buy and lease property in Michigan with a few of my friends. I have recently heard about purchasing and leasing property using a land trust. Has anyone successfully used this in Michigan?
Erica Bader
Buying mobile units that aren't detitled?
I'm looking at buying a property with 25 mobile homes on it. (Not a park where you rent the spaces, you actually own the units) The current owner definitely will not detitle before selling. I don't know much about the...
Austin F.
Land contract V owner finance
I am trying to understand this better so I can explain to potential sellers clearly. Everyone seems to know what a land contract is, but owner financing seems to be a bit more of a mystery to most sellers.As far as I ...
Austin Snyder
Land Contract/Agreement for Deed instead of Novation for quick Flip
Hello I'm hoping to get some insight on if this deal structure makes sense. I've bought properties before via "Subject-To" but I've never done a novation or a land contract. Deal DetailsI have some sellers who are fal...
Sean Salandy
Buying a Mobile Home to Rent Out without a Retired Title
I am considering purchasing a mobile home to rent out to a tenant. I would be purchasing the land and the mobile home. The land is a little over an acre and the mobile home that is currenlty on it, is a singlewide tha...
Robert Verdi
Registered Land in Massachusetts
Hello all, any advice or help is very much appreciated. We purchased a property that was registered land and we rehabbed it, put it on the market and are set to close Monday. Called our attorney today and was told t...
A.R. Coningsby
Purchasing a flip from a seller who is on a land contract
Im in talks with a seller to buy an off market property in NE Ohio with my goal being to rehab and flip. He is currently on a land contract in which he owes about 20k on, and he is asking 55k for the property. I am st...
Sergio Aguinaga
Wrap around Land Contract
Hello all. I have a couple quick questions: I’m in Michigan and we only do land contracts for wraps or seller finance.Scenario: If a seller owes 40k on a mortgage and the ARV is 100k while he’s 16 years into the loan ...
Sam S.
Seller's closing cost/items for Vacant Land Sale in Florida
Still trying to sell my vacant land. Talking to a few agents.
Can someone guide me on the seller's closing cost details?
Do I have to have a lawyer for closing since this is a vacant lot? What are the downsides? Wh...