LLC for flipping

[Philip Darcey]

I was wondering if anyone had any insight as to whether or not an LLC is needed for myself and 2 friends to start flipping houses. Does the LLC make things harder or easier as far as loans, insurance, and just overall streamlining the whole operation? Thanks in advance!

[Scott Culver]

Save your money.

Articles of Organization are public information.  In my state they're online.  Search a few names and you'll find they all seem to have been written by the same person.  They essentially all contain the same information.  Just find one you like, cut and paste, "correct" the names, mail a check and you're done. 

Also search the net for operating agreements, and you'll find plenty of ideas.

Of course, not legal advise, your mileage may vary...etc.