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Updated over 5 years ago on . Most recent reply

Vilena G.'s profile image
Vilena G.'s profile image
Vilena G.
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  • from Dallas-Fort Worth
  • Member since Sep 28, 2019
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Vilena G.'s profile image
Vilena G.'s profile image
Vilena G.
  • Investor
  • from Dallas-Fort Worth
  • Member since Sep 28, 2019
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Vilena G.
  • Investor
  • Dallas-Fort Worth
4
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51
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Rehabbing & House Flipping

How to start an LLC for a flipping a properly

Vilena G.
  • Investor
  • Dallas-Fort Worth
Posted

Hello BiggerPockets family!

How do I start an LLC?

Purchase a house and flipping it and need to put that into LLC.

Do I need a lawyer to set a contract how our LLC would be operated or we can do that contract ourself?

How do flippers set their LLC while flipping that property?

thank you!

Sincerely,Vilena 

  • Vilena G.
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    James G.'s profile image
    James G.'s profile image
    James G.
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    • from St Louis, MO
    • Member since Jun 7, 2017
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    James G.'s profile image
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    James G.
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    • from St Louis, MO
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    James G.
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    James G.
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    • St Louis, MO
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    You don't need a lawyer. You can use legalzoom or you can do it on your secretary of state's website. It is not that difficult to do. However, if you have a more complex LLC or if you have a partner, it may be a good idea to go to a lawyer for this sort of thing. Hope this helps

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