Brokerage Firm can be LLC for buying investment properties too?

Posted on: Fri, 04/17/2015 - 18:31

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Brokerage Firm can be LLC for buying investment properties too?

I have a broker's license and have an LLC through which I have close a handful of deals. I am not an active RE broker - have used my designation to purchase homes for me and a few friends over the years. What are the pros and cons of using this LLC to do investment deals. I would really appreciate feedback.

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by yashefali
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Posted on: Fri, 04/17/2015 - 21:59 #1

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ok

I don't know that there any pros & cons to using that LLC. When you are wholesaling it doesn't matter since you are not closing any deals in your LLC you are passing them off to your buyers.

I say offer away.

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Tony

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Posted on: Sun, 04/19/2015 - 20:17 #2

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Great! Thanks.

Great! Thanks.

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