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Updated over 5 years ago on .

User Stats

5
Posts
19
Votes
Patrick Felt
19
Votes |
5
Posts

Money Organizing for a Flip

Patrick Felt
Posted

Hello everyone.

i need some major advice. if i have a deal where the acquisition cost is 100k

i have the money spread between me and my mother who wants in on the deal, but our money is spread out between different accounts, how can i possible get all the money together from the several accounts to the closing table?

is there a way to do this, without it being a mess? do i need to create an LLC and have the money wired to the LLCs account or can i do it another way without doing that?

thank you in advance...

if you need further clarification please let me know