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Updated over 12 years ago on . Most recent reply

Sean B.'s profile image
Sean B.'s profile image
Sean B.
  • Investor
  • from Chicago, Illinois
  • Member since Oct 5, 2012

User Stats

81
Posts
4
Votes
Sean B.'s profile image
Sean B.'s profile image
Sean B.
  • Investor
  • from Chicago, Illinois
  • Member since Oct 5, 2012
Sean B.
  • Investor
  • Chicago, IL
4
Votes |
81
Posts
Buying & Selling Real Estate

short selling to an LLC who will sell me LLC ownership

Sean B.
  • Investor
  • Chicago, IL
Posted

Hello,
Wondering if this would be a legitimate course of action in Illinois. I have a property way underwater, if I were to short sell it to a LLC who offered to sell me ownership of the LLC after closing. Would that structure work?

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