Hey Moguls, Mr. Land Trust is back again with another installment in his awesome series.
Randy Hughes is the Land Trust expert. Period. And we know this because he’s been giving lesson after lesson of awesome info throughout this series. Mr. Land Trust breaks down what can be really confusing stuff and explains it to us in easy-to-understand lessons. Hooray! If you want to start from the beginning, here’s Part 1.
Last time, Randy talked about creative strategies when it comes to Land Trusts. Today, he’s gonna cover the the ins and outs of borrowing money when property is held in a Land Trust AND how to lend money to a Land Trust using the property in the trust for collateral.
From Randy Hughes…
First, it is important to understand that if you are buying property…
Randy Hughes
bought his first single family home for rental while in college in 1969 and hasnít looked back since. Heís since purchased over 200 houses, and has developed a special expertise focused on how to protect your assets and how to become more private with your personal life through the creative, 100% legal and ethical use of Land Trusts. On the topic, Randy has written extensively for national real estate publications, has published a number of Privacy and Asset Protection books including Land Trusts Made Simple, and has been a licensed Continuing Ed Instructor for the Illinois Assoc. of Realtors for 20+ years. He even teaches land trust law and administration to attorneys.