Ep 1 GTMS - Benefits of multiple LLCs

Benefits of multiple LLCs : Ep 1 - Grant, Teach me something! Every week at 11am CST, Grant Kemp from CreativeCashflow.com is in the #PropelioStudio attempting to teach Ryan all the secrets to having a successful #RealEstateInvestor business. CreativeCashflow.com#FacebookLive #PropelioLive #OwnerFinance

Posted by Propelio on Wednesday, November 8, 2017

Video Notes

In this episode, I’ll explain why it’s beneficial to set up not one, but TWO LLCs for seller financing.

I’ll cover:

  • How this allows you to sell the property to yourself, which will let you stay in first lien position.
  • Why two LLCs help you to foreclose on a property more easily.
  • How a loan between LLC 1 and LLC 2 is a commercial transaction – and what advantages that offers.
  • How it allows you to do a “deed in lieu of foreclosure”, instead of foreclosure – and the perks that offers.

And so much more! After you watch this video, you’ll want to set up multiple LLCs ASAP.