All Forum Posts by: Wayne Gordon

Correct! But we are not talking about a fake LLC. They are easy to start and administer.

Thanks Clifton,
I was told that by closing in an LLC and selling the LLC to the end buyer would prevent a break in the change of title. I can see how that works but will it work every time, doubtful but it does seem like a good tool .

Thanks Mitch I appreciate your help on that one.

I was looking at a couple of sites that described the same method that the RE gruru's use and sell courses on , how to buy and sell short sales for a profit. However this web site declared the practice fraudulent. Do you think it was a scare tactic or are many investors doing something they shouldn't?

Can anyone tell me how purchasing a property in an LLC will benefit me in a A-B-C transaction or is it set up for A-B only type of transaction?
The way it was explained to me was, that while nego. with the seller lender (A) sign it as, agent for... your LLC. Then when it comes time to close have the end buyer become an owner of that LLC and close in his name. If that's true how do I profit.