Flipping Houses Using LLC

[Michael Rivera]

Im new to flipping houses and Im looking to open a LLC and flip the house before the bank actually get the all work together before closing. So my buyer can sign the paperwork at closing...How can I do this? By the way im in New York.

[Ty Burns]

I only know of two ways to get around this: 1) You can create a land trust and put the offer in via the land trust(you may want to google this or search the BP forums) 2) You can add your end buyer on to your LLC and then disaffiliate yourself from the LLC. I was involved in a short sale deal and in order to get around the deed restriction, the wholesaler added me to their LLC and then they just kicked themselves off the LLC.