LLC question

[Dan Miller]

I am set to begin wholesaling, and one of the first steps for me is to form an operating entity (LLC) which will serve several purposes: 1) the name on my business cards, website, etc. 2) be the name on my business banking account/credit card.

With wholesaling, I plan to form a different and new entity for any property I put under contract (i.e. 123 Main St, LLC). This enables me to simply assign the LLC to an end buyer rather than assigning a contract. My question is when I do this, should the member of 123 Main St, LLC be my operating LLC or should it be me? Remember that all the checks will be coming out of my business account which has my operating LLC name on it. Does it matter?

Thanks!