Keeping Properties Out Of Name/credit?

I have heard several people talk about buying properties in such a way to keep it out of their name and also from showing up on their credit.

I know a trust will address keeping it out of your name but keeping it off your credit doesn't seem right?

Any comments are appreciated!

Thanks
Kurto

Comments(2)

  • JohnMerchant11th November, 2004

    If you take title in name of your trust, it won't show on your credit report that you have any connection to it...if the trustee isn't you.

  • JohnMerchant11th November, 2004

    Your original question mentioned nothing about a loan...which will have to be in your name, and will very definitely affect your credit.

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