Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 12 years ago on . Most recent reply

User Stats

22
Posts
7
Votes
Aria Khosravi
  • Residential Real Estate Broker
  • Denver, CO
7
Votes |
22
Posts

Wholesalings reo property through llc

Aria Khosravi
  • Residential Real Estate Broker
  • Denver, CO
Posted

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?

Loading replies...