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Wholesaling
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Updated over 9 years ago on . Most recent reply

User Stats

78
Posts
9
Votes
Lian Shi
  • Aberdeen, MD
9
Votes |
78
Posts

Wholesaling in Maryland without LLC

Lian Shi
  • Aberdeen, MD
Posted

Hi group,

I want to wholesale a deal in Maryland, I am not a realtor and I haven't formed an LLC (I am going to form soon but it takes 7-10 business days in Maryland in LegalZoom), My question is how to transfer the contract or property to my buyer when I am wholesaling the property?

     Any  suggestion is appreciated.  Thank  you.

Most Popular Reply

User Stats

247
Posts
321
Votes
Ian Barnes
  • Rental Property Investor
  • Baltimore, MD
321
Votes |
247
Posts
Ian Barnes
  • Rental Property Investor
  • Baltimore, MD
Replied

You go down to that office, its a 150 dollars, plus certified copy and everything else it comes out to $192 dollars(I've done this 4 times in the past year) best time to go is 10am-11am, you get out in 40 minutes roughly. You get your EIN or tax ID from the IRS website:

https://sa.www4.irs.gov/modiein/individual/index.j...

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