2- and 3-member LLC's - Posted by rm

Real Estate Investing Real Estate Law
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Posted by Incorporate in Delaware on March 03, 2004 at 16:34:01:

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2- and 3-member LLC’s - Posted by rm

Posted by rm on March 01, 2004 at 15:12:41:

I’m looking for a resource that can point out do’s and don’ts for setting up a multi-member LLC’s.

Will be setting a few up on a per-transaction basis, ie, we’ll do one deal at a time inside the LLC, see how we like working together, and then see if we want to do the next, etc.

Here’s what we’re looking at doing:

The type of transactions we’ll be doing are light-to-heavy fix and flips.

I find the deals, negotiate and close them.

The partners fund the acquisition, manage the fix-up.

I market the finished product, negotiate and close the sale.

Any other considerations/input is welcome.

Thanks.

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Re: 2- and 3-member LLC’s - Posted by Garrett Sutton

Posted by Garrett Sutton on March 03, 2004 at 20:55:59:

You might also want to check out www.altacian.com. Also consider using a Sub S corp for a series of flips. Good luck , Garrett