Investor · Portland, OR · Member since 2015 · 18 posts · 2 votes
I'm working on my first flip, so I decided to start up an LLC. I registered the LLC through the state of Oregon, but now I need bylaws and the operating agreements drawn up. Our hard money lender is requesting the documents.
Is it best to just use one of the online companies like Legalzoom, or should I hire an attorney to assist with this process and reviewing contracts?
If anyone knows a good & affordable attorney, please feel free to send their contact info.
Dustin, unless you plan to get out of the business soon, you'll need good legal representation. Find a knowledgeable real estate attorney, and never lose them! What you're looking for is very standard and they should be able to complete for a similar price to Legalzoom. I've used both, and going with the attorney is a no-brainer. If short on cash, you can also do it yourself.
I'm sure if you look around on BP, you'll find someone in your area who can refer a good attorney.