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Updated over 11 years ago on . Most recent reply
Wholesale Fannie Mae property
I have a Fannie Mae property under contract that I originally planned to rehab and sell. The property is under contract in our LLC but I am now looking to wholesale the house vs rehab. It states that the property has a 3 month seasoning period on the cotract but is there a way to wholesale the house without having to sell my LLC to the end buyer.
I know of other wholesalers have done this I just dont kow how.
Most Popular Reply
Wayne Brooks
#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
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Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
Most buyers don't want your LLC anyway, because there is no way of knowing what potential liabilities your LLC may have hanging out there.