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Updated over 12 years ago,
Wholesalings reo property through llc
Can someone help walk me through the details of flipping a bank owned wholesale through an llc? I know you get under contract with an llc where you hold ownership, then transfer ownership through articles of organization. My question is where do you go from there? Do I need to file the new articles of organization with anyone? Do I give the document to title? How does title know to put the wholesale fee on the HUD? Should I hire a lawyer? Im alsocassuming I have no further liability once I transfer ownership of the llc, is that correct? So many little questions, could anyone that has experience with this help fill in the blanks?