transactional funding

Bird Dogs, Wholesaling
1

In want to make offers through MLS on REO properties. I have researched and have to settles with 1 with no backup.

The other 2 that I am interested in want me to create an entity first. Anyone know about using land trusts to make offers. I mean do I have to file the trust documents somewhere to make it a legit entity and what about the checks made out to the trust name?

Any help with this would be appreciated.

thanks

2

Land trusts are created right there on the spot when you complete the paperwork. There’s no filing requirement to create one.

3

The checks get made out to the trustee, or the beneficiaries if the trustee directs the closing company to do this.