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Updated almost 2 years ago,

User Stats

29
Posts
4
Votes
Kelly Stanton
  • Investor
  • Austin, TX
4
Votes |
29
Posts

Flipping multiple homes w/different partners

Kelly Stanton
  • Investor
  • Austin, TX
Posted

We have fortunately had an opportunity to purchase multiple homes off market that we plan on flipping. We have multiple investors for each project. Our initial plan was to create an LLC for each project, open a chase business account, and have a separate credit card for each account/project in order to keep the financial stuff tidy. However, after some more thought we realized once we scale this having a separate business account and credit card for each project seems a bit clunky and overwhelming. Does anyone have any experience with this or any suggestions how to better handle?

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