Should I create an LLC to handle my seller finance deals?
I wanted to get the opinion of some of my BP family. I currently have a portfolio of rental properties and I have negotiated the sale of one using owner financing. I currently hold these homes under an LLC. Since I am creating a note and becoming the bank should I create a separate LLC for that side of my investing? And should the first company own the second?
I have a call into my attorney and accountant.....just wanted to see what you all thought or how you structure your deals. Thanks all and ABC (always be closing) - Brendan