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Updated over 15 years ago, 05/03/2009
Using an LLC to flip
Can anyone tell me how purchasing a property in an LLC will benefit me in a A-B-C transaction or is it set up for A-B only type of transaction?
The way it was explained to me was, that while nego. with the seller lender (A) sign it as, agent for... your LLC. Then when it comes time to close have the end buyer become an owner of that LLC and close in his name. If that's true how do I profit.