Double Closings and City Inspections

[William R.]

So I happened to get a non-assignable property under contract for 42k that needs 18k worth of work that can be turned in 90 days for 120k with solid comps in a desirable area. Super duper excited right...

Problem is the City wants to do an inspection (things gurus leave out of their courses), and they are not going to give me two set of stamps for the A-B,B-C,(City workers words was that's a flip) which pretty much forces me to have to have to buy the property in an entity.

Question: If an city requires a physical inspection of the property before they will stamp the deed, does that mean that double closings are impossible and I should only contract these properties with an entity?

Also when forming the entity, can I get away with wholesaling the property in a C-Corp instead of an LLC, considering the cost is $281.25 vs $600.00, or am I setting my self up for failure, because there is a major disadvantage in using a C-Corp instead of a LLC in wholesaling to Rehabbers...

Thanks for reading

[J Scott]

I'm confused. Is the city saying that they won't allow you to resell a property (transfer title) until certain work is done???

That seems to be something that would be out of their jurisdiction...

Of course, I'm not an attorney, and I guess I've heard stranger things...