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Updated about 14 years ago, 09/27/2010
Option Contract- Purchase as individual or Business?
Hello,
After some months of research and preparation we are ready to try to get an offer in place for a short sale flip and had a question about the Option to Purchase Contract. I am not sure if there is a simple answer to this question or just Pros and Cons of each, but here goes:
Is it best to put the investor's name as the buyer or the investor's business (i.e. in LLC or Corp)?
I am not sure if using one vs the other would make any difference in the eyes if the seller's Lender in terms ease of the deal, acceptance, etc.
I appreciate any insight that may be given.
Thank you!
Brandi