L/O And Deed
In order to gain control of a L/O purchase what do I have to do?
As far as I know, I can get the seller to deed the property to a trust and name myself or my llc as the beneficiary. I do not know where or what to put into a CYA letter.
Am I missing anything?
Thank you for your time,
Wes Laney
Look at some of the L/O forms that I posted in the freebie section a few days ago. I think that may help
Am I missing something here. If you get to be the beneficiary of the trust, you own the property.
The CYA letter is just stating that if there is an existing mortgage on the property, and if the bank decides to call the loan due, you are not responsible.