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Updated about 16 years ago on . Most recent reply

User Stats

127
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15
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Ivan Jouikov
  • Renton, WA
15
Votes |
127
Posts

Wholesaling LLCs instead of properties?

Ivan Jouikov
  • Renton, WA
Posted

I read an article talking about selling LLCs that own the properties (so you have 123th st MyBigLLC), instead of selling the actual property.

This was in the context of going around "no assignment" clause on REOs. Is there a reason not to do this with wholesaling in general?

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