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Updated about 7 years ago,

User Stats

11
Posts
1
Votes
Kristoffer Bergen
Pro Member
  • Bellevue, WA
1
Votes |
11
Posts

Cash deal convert to financed?

Kristoffer Bergen
Pro Member
  • Bellevue, WA
Posted

I live in WA state and have a deal in TN I put an offer in on. All cash offer - the only way I could obtain the property and the plan is to rent it out . 

1) Should I start an LLC and in which state? WA or TN?

2) Can I convert the all cash deal to the LLC at closing?

3) Can I convert the all cash deal to a financed deal post closing?

Any help would be appreciated.

Kris

  • Kristoffer Bergen
  • Loading replies...