Should I get a llc or not? Projected goals is 1 flip per month.
Thanks Texx
People will say different things about this. I’m a new investor myself, but if you’re JUST wholesaling I don’t think it shouldn’t really matter. It’s always good to have, but shouldn’t stop you from doing deals.
When you start off, you don’t need an LLC.
What is there to protect?
Get a couple of deals under your belt first before you start that corporation stuff.
If your assigning contracts an llc is a good protection if you need to back out of deal, it is also a great tool to use to get around non assignable contracts. \
Having said that, I would not use it as an excuse to wait on getting your wholesaling business going.