Posted by ToolBar_SC on June 06, 2000 at 11:19:16:
I’ll reply and hope you read it before this post gets removed.
This shouldn’t be an either/or situation. Do what you feel comfortable with and what you know the most about. If it’s L/O’s or Flips then do them.
A PacTrust is just the final wrapping, an effective wrapping of protection you might say. You can do many types of CRE and wrap it inside of a PacTrust or don’t wrap it. The choice to wrap or not is yours. But your choice shouldn’t be do one or the other. In truth you can’t do a PacTrust unless you do some form of REI, creative or not.
I suggest you read further on the subject of Trusts and PacTrusts. Then you will see why I state its not a choice of do one or the other but should I wrap my deal in a PacTrust, or any Trust, or not.