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Wholesaling
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Updated over 6 years ago on . Most recent reply

Account Closed
  • Specialist
  • Hendersonville, NC
23
Votes |
159
Posts

Different way to structure wholesale deal

Account Closed
  • Specialist
  • Hendersonville, NC
Posted

Hi all -

I have a seller who's not too keen on the idea of wholesaling. I'm about to put his property under contract. The person I'd like to wholesale it to is a friend of mine who I trust. 

Could my friend and I create an LLP that buys the property, he pays me comission, and I leave the partnership?

I'm looking for alternate ways of "wholesaling" it.

Thanks,

Ben

Most Popular Reply

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13
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4
Votes
Roberto Cervantes
  • Rental Property Investor
  • Vancouver, WA
4
Votes |
13
Posts
Roberto Cervantes
  • Rental Property Investor
  • Vancouver, WA
Replied

@Shannon Wright

This is great information, I’m a newbie so some of the vocabs I’ll have to look up lol but sounds clear and safe! Now I’m in PNW, what should I look for in a escrow company to be that perfect match!, are there some better than others?

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