Purchasing to fix and flip, whose name goes in the contract?

[Ruben Pereira]

I'm partnering with an investor, I'll do all the work, she is going to only put the money for it, since the money is hers, should the title of the house be on her name?

Ruben

Dallas TX

2nd Deal

[Etienne Martel]

Hey Ruben,

Placing the property under your personal name is dangerous because you become personally liable for the property. I always put the property under an LLC so that we are covered by the corporate veil and only the LLC is liable. If your personal name is on contract, your personal assets become vulnerable.

You should be on title for the property, however I would make sure you use an LLC to protect yourself. Your investor may want to have a Deed of Trust / or Lien on the property