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LOUISIANA LAND TRUST SEALED BID FORM LLT Property Lalandtrust

LOUISIANA LAND TRUST SEALED BID FORM LLT Property Lalandtrust

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if you're buying properties subject to an existing mortgage and you don't want the seller's lender to find out about a property transfer or raise any red flags definitely go with the land trust for those types of deals but just keep in mind that if you do use the land trust for your real estate purchase and sale and you're going to close in it it doesn't offer asset protection like the limited liability company and so that can be a problem for you long term so you want to make sure that you are coupling an LLC with your trust here's the thing if you think you're going to be doing any refi's with that property in the near term I would lend I would go with the limited liability company over the trust just because it's more familiar with third parties than the land trust I mean really the land trust is those cash deals where you're just going to hold on to it or you're going to be transferred over to someone else uh I would stick stick with the trust in those instances all right guys that

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