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 #OwnerFinancePosted by Propelio on Wednesday, November 8, 2017
In this episode, I’ll explain why it’s beneficial to set up not one, but TWO LLCs for seller financing.
- 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.