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General Real Estate Investing

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Fran G
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Purchasing Seasoned LLC's

Fran G
Posted Aug 3 2008, 10:56

Has anyone heard of or done this? I've found a company that opens LLC's sits on them for the required 3 years to gain commercial credit, then sells them for a small profit.

Has anyone tried this?
Is the legal?
Pros/Cons?

Very NEW Investor looking for advise.

Thanks for your input in advance!

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