For legal reasons, I would rather keep the property in the LLC name.

Thirdly, I went to the tax assessors site, found properties near mine that appeared to be owned by investors, so and so llc or so and so and associates and contacted them and this has generated some feedback.I just contracted the property this past weekend but I had a small list of potential buyers before I had the contract.....hope this helps.  

This requires you to register and get your Series 7, 24 and 63 licenses.

Next time you can try to sell the LLC and its interest in the property after you close on it and then at least there is only 1 transfer of title rather then you buy, then you sell causing 2 transfers of title and technically the need for 2 smoke certs and 2 temp CO as you are now selling the property to a new buyer who has to sign off on the temp CO that they will complete the required repairs.  

Creating an LLC or other entity is just more money and as a beginner wholesaler, your money is better spent on marketing.

BP , I have a question should I get a LLC when purchasing a rental property?

@James Wise  well shoot I thought I had something there.. your guard that got hurt in the fist game would have made a difference.. but remember the warriors were cold In this series Curry was not hot..

In fact, you’re so ‘new’ to investing that you actually send over $20,000 via wire transfer to person’s LLC… without a contract in place.Sounds like the beginning of another ‘newbie real estate horror’ story, right?

We also, just started an LLC.

All the properties are owned 100% by an LLC that I formed.