Wholesaling LLC to end buyer

[Account Closed]

Hey guys I have a question. I have a property under contract in jersey and I have my end buyer who is willing to buy it from me. The deal will be closed as a transfer of membership to the end buyer. I live in NYC so how do I go about setting up the LLC in another state if I have no residency there?

[Ibrahim Hughes]

I'm assuming that perhaps it's an approved short sale or REO? Whatever the situation, if you prefer to set up an LLC you can use the link below. And a UPS Store address (not a PO Box) can be used as your registered address. Cost to set up an LLC is $125 and is pretty straight forward and simple. After you set it up you also have to complete the NJ-Reg form which can also be done online (although I don't have the link on me).

https://www.state.nj.us/cgi-bin/treasury/revenue/dcr/filing/page1.cgi