​Buying a property via “LLC assignment”

[Yinan Q.]

A deal was presented to me and my partner by a wholesaler. A LLC was created just for this deal and he will assign the LLC to us. We will become 50:50 owner of the LLC that controls the property. He has done this many times before with other buyers and I have no reason to doubt him or this approach.

What I am trying to figure out is what it means to me and my partner when we sell the property. Our goal is to fix and flip it. Do we sell the LLC to the end buyer? Or can we just sell the property? I think an ordinary buyer will not like the idea of purchasing a LLC.