Deeds, When, To Whom And Where

videla profile photo

Two questions same subject.

When working as a REI, I pick up a property ,and am ready to put a person into it, WHERE and WHEN does the deed move and whos's name goes on it?

a. into the trust and under who's name?
b. to the leasee
c. a trust and my LLC as the benificiary
d. stays in the sellers name until .... and into ....

Next question

I am looking to do a lease option with my personal home, I want to get out quickly and I believe a no qualifying ad in the paper should work. In the mean time I have found a condo I like, I have offered a lease to purchase, I want all of the equity from the payments until I finance and assume the loan. At what point should I say, "I want the deed" ? Should I still place the deed into a trust and have my LLC be the benificiary?

Thanks in advance for your help!

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