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Updated about 6 years ago on . Most recent reply
Wholesaling LLC owned properties
Hello BP. I want to know what people think about LLC owned properties for newbie investors. A lot of the properties that I have found while doing my due diligence; it appears that the ones that look like a "great" opportunity and has the most potential, most of these properties are owned by local LLC companies. For example, I found a property with a lot of fire damage on a multi family. I couldn't find the tax records online and had to go to city hall to get the information that I needed. It turns out that it is owned by an LLC company (just like many others I have found). At this time I have limited funds to work with and I want to jump on these properties as soon as possible. What is the best thing you would suggest for me to do to flip one of these properties and make a decent profit? Or are these kinds of properties out of my range right now until I build more capital and get more experience?
Thanks.
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Look on the secretary of state website to find out the owner/agent of the LLC and send them a letter.
Nothing is out of your range if you are really hungry