I want to buy a 3-family in an LLC but can only get mortgage on personal loan.I am getting conflicting advice from RE Lawyer and accountants.ANy advice would help, esp. if you did this in New Jersey* Can i buy in my name and do a transfer to the LLC ( I was told Mortgage copnay doesn't like this but they can't do much about it if it is after the fact)* Do I have to pay Title fees again ?

There is no arm's length conflict as far as I am aware.Thanks so much for any help!

With that said, I believe you cannot represent both yourself (as buyer) and the seller because your fiduciary responsibilities are conflicted.

In some states holding a license can have legal conflicts with wholesaling, so be sure to research that thoroughly before you take the jump.

Conflict of interest in the name of CYA.  

Hi J Scott- I am new and am I correct to believe that the fact that your wife has a license but it is hung in a separate company eliminates any possible conflicts in the transaction for all parties involved?

If conflicts and/or disputes are arising, you should consult a real estate attorney in your state to be sure of your responsibilities.

You will need to be aware of conflict of interest and follow the laws pertaining to CA real estate agents.  

You can put whatever you like in your leases but if it conflicts with your state laws, the laws will prevail.

I have gotten conflicting explanations and want to understand the expectations of renters in the area of Brooklyn.Thanks everyone!