Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

19
Posts
7
Votes
John Burke
  • Wake Forest, NC
7
Votes |
19
Posts

Can anyone in an LLC close on a property for the LLC? NC

John Burke
  • Wake Forest, NC
Posted

I'm trying to start real estate investing, but Covid has kept me out of the US for 14 months at this point. I can get a POA made, but it takes two months for the POA to arrive once mailed. I've found a way to make an LLC with my wife and I as the members. I just want to be certain that she will be able to close on properties before I go through the process and pay for the creation of the LLC. We live in and will be investing in North Carolina. The company I'm working with to form the LLC told me to reach out to a closing attorney to confirm, but my attorney was already out of the office by the time I woke up for work. Any information would be appreciated.

Most Popular Reply

User Stats

942
Posts
637
Votes
Adam Schneider
  • Lender
  • Raleigh, NC
637
Votes |
942
Posts
Adam Schneider
  • Lender
  • Raleigh, NC
Replied

@John Burke The question about who can sign on behalf of your LLC is determined by how YOU set up your LLC. Did you allow any member to sign on behalf of the LLC when you set it up? Check your articles of incorporation...

  • Adam Schneider
  • Loading replies...