Can I buy the property directly in the name of the Land Trust?

Yes, if you are purchasing a proprety with cash, alternative financing, or commercial financing. Conventional lenders will not allow purchasers to close directly into a land trust due to Fannie Mae guidelines for conventional loans. However, these guidelines do not exist for cash purchases, alternative financing, or commercial financing. Therefore, if you are purchasing a property with cash or alternative financing, you can purchase directly into the land trust. If you are purchasing a property using conventional financing, you will close on the property directly into your name and move the property into a land trust post closing.