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Updated 7 months ago on . Most recent reply

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619
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Jorge Vazquez
  • Real Estate Broker
  • Tampa, FL
459
Votes |
619
Posts

Purchasing the company (LLC or Corporation) that holds the property

Jorge Vazquez
  • Real Estate Broker
  • Tampa, FL
Posted

I've had great success this year by purchasing the company (LLC or Corporation) that holds the property rather than buying the property directly. This strategy has allowed me to save on closing costs, secure favorable financing terms, and refinance almost immediately, all while minimizing my down payment. It's been a game-changer in my investment approach, and I've completed two deals this way already. I highly recommend it to those of you who haven't tried it yet. I'd love to hear from other investors who have used this method. What's your experience like? Are there any challenges you've encountered?

Looking forward to your feedback!

  • Jorge Vazquez
business profile image
Graystone Investment Group
4.5 stars
88 Reviews

Most Popular Reply

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48
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Replied

Hello, I'm glad you have had success doing this!!! I would caution that any outstanding litigation or taxes would follow the LLC if something went unreported or paid. If someone had an incident on the LLCs property in the past and decides to sue, you may have an issue. Same for any unpaid taxes in the LLCs past. Do your due diligence when purchasing an LLC.

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