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Updated over 12 years ago,

User Stats

28
Posts
1
Votes
Kevin Barker
  • Real Estate Investor
  • Alpharetta, GA
1
Votes |
28
Posts

Is this transaction illegal??

Kevin Barker
  • Real Estate Investor
  • Alpharetta, GA
Posted

I had a guy i was working with who was finding me some deals as a wholesaler and was telling me he was making around $2,000 a deal. I found out later after i saw the sales transaction recorded that the LLC that i closed with, once i looked it up on the Secretary of States website was managed by his wife? He ended up doing a double closing when i thought i was buying directly from a regular seller. Is there a law against disclosure of who the seller of the property truly is in a transaction?? He actually made on average of $7,000 on each transaction.Thanks

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