LLC Creation and Usage

[Mark Graziano]

I have been running a DM campaign now for about 6 months and I want to be ready for the houses that I can use owner/creative financing to purchase, but not in my own name. My question is WHEN do I form that LLC. Is the time now, seeing that it does take some time to complete the LLC process? Or should I wait and buy it in my own name, and then transfer it into an LLC since I do not have one established currently?

Second, once you have a primary LLC set up, do you use that one to purchase the homes and then transfer them into a different LLC so you do not hold them in your primary LLC. The primary LLC in this example would be the one that you use for business marketing and direct mail, basically your branded LLC.

Last, for a first LLC do you suggest using an attorney or is it just as easy to do it using an internet based services? Also, is a registered agent necessary or useful in this type of business?

Thank You,

Mark

(Yes, I have used the search feature)